PANews|Aug 09, 2026 08:14
[Cyprus Plans On-Site Audits for Cryptocurrency Custodians from Second Half of 2026 to First Half of 2027]
According to News.bitcoin, the Cyprus Securities and Exchange Commission (CySEC) will initiate a series of on-site inspections and desk reviews for authorized Crypto Asset Service Providers (CASPs). This enforcement action is scheduled to take place from the second half of 2026 to the first half of 2027. The regulatory review will focus on critical areas of operational resilience, including governance and control frameworks, as well as key and storage management. Regulators will also examine security protocols related to private keys, wallet storage, and access controls. Other areas of review include transaction controls, monitoring and incident response, smart contract security, and third-party risk management.
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