1. MiCA Updates:
1. Central Bank publishes key facts document under MiCA
for CASPs
In the last week of November 2024, the Central Bank of Ireland
("Central Bank") published its guidance note
for crypto asset service providers
("CASPs") – key facts document
("Guidance Note"). This latest
development follows on from the signing of statutory instrument no.
607 of 2024, European Union (Markets in Crypto - Assets)
Regulations 2024 by Jack Chambers, Minister for Finance, on 8
November 2024. For more information please see FIG Top 5 at 5 dated 14 November
2024.
The Guidance Note sets out the Central Bank authorisation
process for CASPs, detailing that the process consists of two
phases as follows:
