The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a formal update to cryptoasset service providers (CASPs) and applicant CASPs regarding new regulatory guidance from the European Banking Authority (EBA).
The update concerns an opinion published by the EBA on June 10, 2025, addressing the regulatory treatment of electronic money tokens (EMTs) under both the MiCA Regulation and the existing PSD2 Directive.
The EBA issued its opinion in response
