| Tittel: | Digital Operational Resilience : A Guide for crypto-asset service providers under DORA and MiCA | | Ansvar: | Victoria Jakobsen | | Forfatter: | Jakobsen, Victoria  | | Materialtype: | Artikkel - elektronisk | | Signatur: | Lov&Data | | Utgitt: | Oslo : Lovdata, 2025 | | Omfang: | S. 4-6 | | Serie: | Lov&Data ; 2/2025 | | Stikkord: | Forordning (EU) 2022/2554 - DORA-forordningen | | Note: | Artikkelen ligger også på Lovdatas åpne sider. | | Innhold: | The regulatory landscape
The increasing adoption and popularity of cryptocurrencies highlight the need for robust security measures and resilience – this is not merely an individual concern but becoming a matter of preserving trust and preventing systemic risks in the financial market as a whole.1 As the technology advances in this field its increasingly important to have legislative measures who effectively captures the unique threat landscape for crypto-asset service providers, such as private key theft and smart contract vulnerabilities.
The European Union has recognized the need for stringent security measures in the financial sector through the implementation of Regulation (EU) 2022/2554 on Digital Operational Resilience for the Financial Sector (DORA). While DORA set forth the most detailed legal framework for cybersecurity in the Union, it is not the only framework that applies to crypto asset service providers (CASP).
The implementation of Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA) highlights the critical role of DORA in ensuring digital operational resilience for CASPs, see article 68 (7). MiCA covers all crypto assets that are not already regulated by existing EU financial service regulation, such as E-money tokens, asset-referenced tokens, utility tokens and unbacked crypto-assets that doesn’t qualify as financial instruments under MiFID II. | | Del av verk: | Lov&Data 2/2025 |
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