The AFM is currently enforcing compliance requirements for crypto-asset service providers (CASPs) as of the date of this announcement. CASPs must obtain a license or notification from the AFM or another European supervisory authority to legally offer crypto services within the EU.
The AFM relies on the Markets in Crypto-Assets Regulation (MiCAR), specifically Article 63 for licensing CASPs and Article 60 for notifications from other financial institutions.
This requirement applies to all entities providing crypto-asset services, including custody, trading platforms, exchanges, and portfolio management, as defined under MiCAR.
Firms that are not authorized must take immediate steps to either apply for a license or cease operations in the EU.