Preparing for DORA: A Compliance Guide for Crypto-Asset Service Providers

The European Union’s Digital Operational Resilience Act (DORA) is set to become a regulatory milestone for financial entities, marking a critical shift in how firms—particularly those in digital asset management—must prepare for IT risks. Enacted to enhance the operational robustness of the financial sector, DORA’s reach is broad and unyielding, demanding that entities reliant on digital infrastructure adopt rigorous standards for resilience, cybersecurity, and incident management.

Crypto-Asset Service Providers (CASPs), under DORA’s watchful eye, must develop a concrete approach to managing information and communication technology (ICT) risks. For these firms, which often operate at the frontier of digital finance, DORA is as much a guide as it is a mandate, urging providers to harden systems against the disruptive forces of cyberattacks, outages, and data breaches. To assist CASPs in their compliance journey, a downloadable DORA Compliance Toolkit has been made available, featuring essential templates, checklists, and training materials to simplify the process.