Crypto-Asset Regulation · glossary

Authorisation

The regulator's written permission to provide named crypto-asset services, which people in the office call the licence. Before granting it, the regulator examines the whole business: capital, people, custody, technology and the plan for closing. The Central Bank authorised Halcyon on 12 November 2025 for five services. Binder §1.1 · Appendix A · Chapter 1 · Chapter 3

Explained in Chapter 1, What a Crypto-Asset Is, and Why the State Cares, of Crypto-Asset Regulation.

Also explained in Legal Due Diligence.

How it comes up, in Chapter 1
On 12 November 2025 the Central Bank of Ireland authorised Halcyon as a crypto-asset service provider, or CASP. A CASP is a firm whose business is providing crypto-asset services to clients (Article 3(1)(15)). This written permission is called authorisation, though people in the office say the licence.
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Where this term lives

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