CASP Regulatory Obligations

Definition ∞ CASP Regulatory Obligations are the mandatory rules and requirements placed upon Crypto-Asset Service Providers by supervisory authorities. These obligations typically cover areas such as anti-money laundering, counter-terrorist financing, consumer protection, and operational resilience. Adherence ensures that CASPs operate within legal frameworks, safeguarding market integrity. These rules are fundamental to the legitimacy and secure operation of digital asset platforms.
Context ∞ The landscape of CASP regulatory obligations is presently undergoing rapid expansion and refinement globally, driven by international standards and national legislative efforts. Discussions center on harmonizing these diverse rules to prevent regulatory arbitrage and ensure a consistent level of protection across markets. Future developments will likely involve more granular requirements for various crypto-asset activities.