ESMA launches joint supervisory action on digital operational resilience for crypto asset service providers

robot
Abstract generation in progress
Deep Tide TechFlow News, July 8 – According to the official ESMA website, the European Securities and Markets Authority (ESMA) officially launched a Common Supervisory Action (CSA) for Crypto Asset Service Providers (CASPs) on July 8, 2026, focusing on digital operational resilience in the custody services sector. The action will assess the maturity of CASPs' frameworks regarding risks related to Distributed Ledger Technology (DLT), covering core topics such as governance arrangements, key and storage management, transaction controls, incident detection and response, smart contract risks, and third-party dependencies. National Competent Authorities (NCAs) will conduct risk-based sampling surveys on authorized CASPs, with the survey period from the second half of 2026 to the first half of 2027. The final report is expected to be submitted to the ESMA Supervisory Board in the second half of 2027.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned