Cyprus Targets On-Site Audits for Crypto Custodians

The Cyprus Securities and Exchange Commission (CySEC) will conduct on-site inspections and desk-based audits of authorized crypto asset service providers from the second half of 2026 through mid-2027, focusing on operational resilience and infrastructure risks. This initiative, coordinated with the European Securities and Markets Authority (ESMA), forms part of a broader EU effort to enforce strict compliance in crypto custody operations.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 2 sources have reported it.