Article 64 — Withdrawal of authorisation of a crypto-asset service provider
Financial servicesLevel 1RegulationMiCAApplies from 30 Dec 2024In force, but its rules apply only from the date shown.VerifiedIdentical to the official source.Official source
1.Competent authorities shall withdraw the authorisation of a crypto-asset service provider if the crypto-asset service provider does any of the following:
2.Competent authorities may withdraw authorisation as a crypto-asset service provider in any of the following situations:
3.Where a competent authority withdraws an authorisation as a crypto-asset service provider, it shall notify ESMA and the single points of contact of the host Member States without undue delay. ESMA shall make such information available in the register referred to in Article 109.
4.Competent authorities may limit the withdrawal of authorisation to a particular crypto-asset service.
5.Before withdrawing an authorisation as a crypto-asset service provider, competent authorities shall consult the competent authority of another Member State where the crypto-asset service provider concerned is:
6.Before withdrawing an authorisation as a crypto-asset service provider, competent authorities may consult the authority competent for supervising compliance of the crypto-asset service provider with the rules on anti-money laundering and counter-terrorist financing.
7.EBA, ESMA and any competent authority of a host Member State may at any time request that the competent authority of the home Member State examine whether the crypto-asset service provider still complies with the conditions under which the authorisation was granted, when there are grounds to suspect it may no longer be the case.