The Central Bank's 2026 Outlook contains a dedicated CASP chapter for the first time. Ten CASPs were authorised in 2025; the 2026 programme is about finding out how well they work. AML/CFT rated amber/red, custody conditions to be followed up, targeted DORA work, and a warning that supervisors read your website too.
As the Markets in Crypto-Assets Regulation (MiCAR) authorisation process gathers momentum across Europe, we’re beginning to see the first firms cross the finish line. Several European jurisdictions have now granted approvals, and in Ireland, the Central Bank of Ireland (CBI) has approved its first MiCAR application: Kraken.
Over the last several weeks, speaking with Irish VASPs and new Crypto Asset Service Provider (CASP) entrants, I’ve noticed a recurring theme—some are making their authorisation process more difficult than it needs to be.
Enter your details and we'll send this briefing directly to you.
We use strictly necessary cookies to run this site, and optional analytics cookies (Google Analytics) to understand how it is used. Analytics cookies are only set if you accept them. See our Cookie Policy and Privacy Policy.