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CASP Compliance Burden

Definition ∞ CASP compliance burden refers to the regulatory obligations and associated operational costs faced by Crypto-Asset Service Providers. These obligations arise from regulations such as MiCA, which mandate specific requirements for licensing, governance, consumer protection, and anti-money laundering measures. Adhering to these rules demands substantial resource allocation for legal, technical, and administrative functions.
Context ∞ The CASP compliance burden is a significant discussion point within the digital asset industry, particularly in jurisdictions implementing comprehensive regulatory frameworks. Companies often report challenges related to the complexity, scope, and cost of meeting diverse regulatory expectations across different markets. This burden can influence market entry decisions, operational scalability, and the overall competitive landscape for crypto businesses.

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EU DORA Regulation Imposes Unified Digital Operational Resilience Mandates on CASPs

CASPs must immediately integrate DORA's systemic ICT risk management and third-party oversight framework into their core compliance architecture by the January 2025 deadline.