Crypto-asset service provider
Crypto-asset service provider and token issuer falling under both MiCA and DORA.
Your obligations
- 1
Same obligations as other Article 2 financial entities, proportionate to the size of the business.
The applicable regime (full or simplified) depends on the entity's size and level of interconnection, as for other Article 2 categories.
- 2
Risk mapping incorporating the specifics of digital asset custody (wallets, private keys).
Risks specific to cryptography — key management, hot/cold wallets, cross-chain bridges — must be explicitly included in the ICT risk analysis.
- 3
Coordination of DORA requirements with the prudential obligations imposed by MiCA.
The two frameworks complement each other: MiCA governs crypto-asset service activity, DORA governs its digital resilience.