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Technical Crypto Terms Explained in PLAIN ENGLISHCrypto-Asset Service Providers� (CASPs) are defined under MiCAR as an approved �legal person or other undertaking whose occupation or. Crypto-asset Service Provider (CASP) � offering custody and administration of crypto assets on behalf of a third party, � offering a crypto exchange service or. Crypto asset means a digital representation of a value which is not issued by a central bank or public authority and is not guaranteed by them, it is not.
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