#euextendscentralcontactpointtocasps Stronger Local Oversight for Crypto Asset Service ProvidersLast week, the European Commission expanded national regulators’ powers by bringing Crypto-Asset Service Providers (CASPs) under the Central Contact Point (CCP) rules. Member states can now require crypto exchanges and similar entities operating in their territory (but headquartered elsewhere) to designate a local liaison officer. The update aligns CASPs with existing rules for payment and e-money institutions. It aims to close gaps in AML supervision, ensuring authorities have a reliable local contact for compliance checks, data requests, and enforcement actions. This step supports more effective monitoring of the growing crypto sector across the EU.$FF $PAYP $BTW