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Version status: Entered into force | Document consolidation status: Updated to reflect all known changes
Version date: 29 June 2023 - 29 December 2024
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Article 64 Withdrawal of authorisation of a crypto-asset service provider

1. Competent authorities shall withdraw the authorisation of a crypto-asset service provider if the crypto-asset service provider does any of the following:

(a) has not used its authorisation within 12 months of the date of the authorisation;

(b) has expressly renounced its authorisation;

(c) has not provided crypto-asset services for nine consecutive months;

(d) has obtained its authorisation by irregular means, such as by making false statements in its application for authorisation;

(e) no longer meets the conditions under which the authorisation was granted and has not taken the remedial action requested by the competent authority within the specified timeframe;

(f) fails to have in place effective systems, procedures and arrangements to detect and prevent money laundering and terrorist financing in accordance with Directive (EU) 2015/849;

(g) has seriously infringed this Regulation, including the provisions relating to the protection of holders of crypto-assets or of clients of cry

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