Warning for consumers who have crypto-assets with unauthorised Crypto-Asset Service Providers (CASPs)

Consumer notices

Central Bank of Ireland is warning consumers who have crypto-assets with unauthorised Crypto-Asset Service Providers (CASPs) that they do not benefit from the safeguards and protections of MiCAR.

From 1 July 2026, the Markets in Crypto-Assets Regulation (MiCAR) transition periods across all EU Member States have ended.  Entities providing crypto-services to EU consumers must hold a license under MiCAR.

Consumers should verify whether their provider is authorised under MiCAR by checking the ESMA Register.  Where an entity is not authorised under MiCAR and consumers wish to benefit from MiCAR safeguards, they should act promptly by  transferring their crypto-assets to an authorised CASP or to a self-hosted wallet.

The European Securities Markets Authority (ESMA) issued a Public Statement calling on unauthorised crypto-asset service providers to wind down in an orderly manner, while also safeguarding clients’ interests. For further information, see our Markets Update.

The Central Bank will closely coordinate with other National Competent Authorities (NCAs) to ensure unauthorised CASPs wind down without delay, with a central focus on consumer protection, financial stability and market integrity.

See also:

ESMA Statement on the End of Transitional Periods under MiCA (17 April 2026) 

ESMA Statement calling on unauthorised crypto-asset service providers to wind down orderly, while also safeguarding clients’ interests, as MiCA transitional period ends (23 June 2026)  

Central Bank Markets Update Article with ESMA Statement of 23 June (published on 24 June 2026)