On 16 July 2026 the Financial Action Task Force published its seventh targeted update on how countries are implementing the FATF standards for virtual assets and virtual asset service providers. The headline finding is that implementation remains uneven. Of the 109 jurisdictions answering the Travel Rule legislation question, 91, or 83 percent, reported legislation in…
On 17 December 2024 the European Securities and Markets Authority published its Final Report and, in Annex III, the Guidelines on the conditions and criteria for the qualification of crypto-assets as financial instruments, reference ESMA75453128700-1323. That document, often shortened to the CAFI Guidelines, addresses whether a crypto-asset qualifies as a financial instrument and is therefore…
A trader on your platform splits a large sell into a string of small orders, cancels most of them within seconds, and walks the visible price down before lifting it again. Your surveillance dashboard flags it. Now the clock is running, because MiCAR STOR reporting is not a back-office nicety. Under Article 92 of the…
Introduction MiCAR (Markets in Crypto-Assets Regulation) establishes EU rules for CASP authorisation, prudential safeguards, operational records, market-abuse surveillance and specific reporting obligations. Major ICT-related incident reporting for CASPs within scope is governed separately by DORA, Regulation (EU) 2022/2554. Under Article 19 of DORA and Commission Delegated Regulation (EU) 2025/301, initial notification is due within four…