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By Dr. Sebastiaan HOOGHIEMSTRA Gabriël STORM*
The Commission de Surveillance du Secteur Financier (“CSSF”) adopted on February 2026 the FAQ “FAQ Crypto-Assets – Undertakings for collective investment” (the “2026 FAQ”), replacing and updating the CSSF FAQ of 29 November 2021 on “Virtual Assets – Undertakings for Collective Investment” (the “2021 FAQ”). The new 2026 FAQ complements the CSSF FAQ “Virtual Assets – Credit Institutions” (the “FAQ-CI”), which remains relevant, in particular, for credit institutions acting as depositaries. Together, these FAQs form the core of the CSSF’s supervisory framework governing the involvement of Luxembourg investment funds and their service providers in crypto-asset activities.
This contribution...
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