Europe goes Crypto (Part VIII) – The Capitalization of Crypto Asset Service Providers under MiCAR
Under MiCAR, crypto asset service providers, like all regulated entities, will be required to hold a minimum amount of regulatory capital to back up their operations. How will this specific amount be calculated under MiCAR?
When are Crypto Custody Service Providers and Operators of Crypto Security Registries Exempt from the Regulatory Equity Capital Regulations?
Crypto custody providers as well as operators of crypto security registries enjoy generous exemptions, especially with regards to the regulatory capital requirements. But are these exemptions still applicable, if a crypto custody service provider additionally acts as a crypto securities registry operator?