fintech
EU: End of Temporary Transition Period for Crypto-Asset Service Providers (CASPs) and Electronic Money Tokens (EMTs)
📰 sources⭐ 6.0
TL;DR:
In Europe, many Electronic Money Token (EMT) transfers or payments qualify as regulated payment services under PSD2, meaning providers often need separate PSD2 authorization as a Payment Institution, or an Electronic Money Institution, in addition to their MiCA CASP registration if the transactions...
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence TRX price action and market sentiment in the near term.