The Cyprus Securities and Exchange Commission (CySEC) this week announced its adoption of the European Banking Authority’s (EBA) guidelines on governance for issuers of asset-referenced tokens (ARTs).
These guidelines, issued in June 2024, aim to bolster the management and oversight of ART issuers, ensuring enhanced consumer and investor protection.
The guidelines, under Article 16 of Regulation (EU) No 1093/2010, provide a framework for governance arrangements in line with the Markets