Industries
MiCA, the travel rule, the AML package and DORA hit crypto-asset firms at once — often with national transition windows. Horizon Scanner monitors all four regimes continuously and routes what affects you.
As of:
Crypto-asset firms (CASPs) became a fully regulated market only recently — and carry the load fourfold: MiCA as the sector-specific supervisory regime, the transfer-of-funds regulation as the travel rule, the EU anti-money-laundering package and DORA for ICT resilience. ESMA and the EBA set the EU frame; the national supervisor grants authorisation.
Because much of this is brand new, Level 2 standards, Q&As and national transitional rules arrive at high frequency. Horizon Scanner monitors those sources continuously, grades them by relevance and routes them — with an audit trail.
The frameworks on your desk today — each links to the full briefing.
Time horizon
The CASP rules have applied since 30 Dec 2024. The transitional provision (Art. 143 MiCA) lets incumbents keep operating under prior law — until 1 July 2026 at the latest, unless the member state shortens it. That national variance is the catch.
The transfer-of-funds regulation (Regulation (EU) 2023/1113) has applied alongside MiCA since 30 Dec 2024. The EBA guidelines pin down data fields, thresholds and the treatment of self-hosted wallets.
CASPs are named as obliged entities in the single rulebook (AMLR), which applies from 10 July 2027. AMLA in Frankfurt is building up direct supervision of the highest-risk cross-border players in parallel.
What Horizon Scanner does
All four regimes from one pipeline — the EU frame and the national interpretation that decides your authorisation.
We track the national transitional rules per member state — so a shortened window is never a letter you see too late.
Every classification and routing is logged — the evidence of ongoing compliance the supervisor wants to see in the authorisation process.
Above all the national deadline: member states can bring the transition deadline forward from 1 July 2026, and the exact cut-off sits in national law, not in MiCA itself. Plus the ESMA Level 2 standards that shape the authorisation file.
The regulation requires additional measures for transfers to/from self-hosted wallets above certain thresholds; the EBA guidelines pin down verification and risk assessment. The details are in our Art. 14(5) post.
Yes, explicitly. CASPs are named as obliged entities in the single rulebook and are subject to customer due diligence, UBO identification and reporting duties — monitored and routed to your MLRO.
Yes. Asset-referenced tokens (ART) and e-money tokens (EMT) have their own titles with issuer, reserve and authorisation duties. We tag which publication concerns the CASP layer and which the token layer.
Twenty minutes. Concrete sources and routing from your firm.
Book a demo