MiCA Defined Terms
Custody and Administration of Crypto-Assets
Safekeeping or controlling, on behalf of clients, crypto-assets or the means of access to such crypto-assets.
Definition
Under MiCA Article 3(1)(17), this is the safekeeping or controlling, on behalf of clients, of crypto-assets or of the means of access to such crypto-assets, where applicable in the form of private cryptographic keys. Subject to Article 75 safeguarding rules.
Regulatory citation