Authorized CASP Register

Definition ∞ An Authorized CASP Register is an official listing of authorized Crypto-Asset Service Providers. This register, typically maintained by a regulatory authority, lists entities that have successfully met specific licensing or registration requirements to offer crypto-asset services. Inclusion on such a register signifies that a provider complies with anti-money laundering (AML), counter-terrorist financing (CTF), and other relevant financial regulations. It provides a measure of legitimacy and oversight for consumers engaging with digital asset platforms.
Context ∞ The establishment of authorized CASP registers is a significant step in global cryptocurrency regulation, with various jurisdictions implementing similar systems. News often covers the launch of these registers, the criteria for inclusion, and the implications for both regulated and unregulated firms. The objective is to enhance consumer protection and combat illicit financial activities within the crypto sector.