With the Markets in Crypto-Assets Regulation (MiCAR) (Regulation (EU) 2023/1114) becoming fully applicable by the end of this year, crypto-asset service providers seeking to offer their services across the EU need to consider which jurisdiction is most suitable for them to file their CASP authorisation applications and the extent to which they can avail of national transition regimes. In this document, we set out a comparative guide across a few key jurisdictions, covering factors such as the national approach to implementing MiCAR in the context of CASP authorisation applications, and timing considerations.
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