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ARTICLE · 25 JULY 2024

Central Bank MiCAR Authorisation And Supervisory Expectations For CASPs

William Fry LLP
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On 18 July 2024, the Central Bank of Ireland (Central Bank) held an industry briefing and discussion on MiCAR...

IrelandTechnology
Shane Kelleher
Shane Kelleher
Louise McNabola
Louise McNabola
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On 18 July 2024, the Central Bank of Ireland (Central Bank) held an industry briefing and discussion on MiCAR, the Central Bank's regulatory approach to crypto, and the authorisation of crypto-asset service providers (CASPs).

Central Bank Deputy Governor Derville Rowland highlighted that one purpose of the event was to outline the Central Bank's approach to implementing the Markets in Crypto Assets Regulation (MiCAR) and to provide greater clarity and transparency on the crypto industry's next steps.

Mary-Elizabeth McMunn, Director of Banking, Payments, and Credit Union Supervision at the Central Bank, also set out the Central Bank's authorisation and supervisory expectations regarding MiCAR.

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