Any natural person, legal entity or undertaking (i) whose occupation or business is the provision of one or more cryptoasset services to third parties on a professional basis, (ii) that has been authorised within the EU, and (iii) has a registered office in a Member State where they carry out at least part of their crypto-assets services.
Such ‘crypto-asset services’ incude:
(a) the custody and administration of crypto-assets on behalf of third parties;
(b) the operation of a trading platform for crypto-assets;
(c) the exchange of crypto-assets for funds;
(d) the exchange of crypto-assets for other crypto-assets;
(e) the execution of orders for crypto-assets on behalf of third parties;
(f) placing of crypto-assets;
(g) the reception and transmission of orders for crypto-assets on behalf of third parties
(h) providing advice or portfolio managament in cryptoassets;
(j) providing transfer services for crypto-assets on behalf of third partiesFor clarity, CASPs that provide crypto-asset services on a cross-border basis are not required to have a physical presence in the territory of every host Member State.