By ocln-content on Skatehive
Two recent developments raise an interesting question for Luxembourg. On the one hand, several crypto companies are increasingly looking at Austria when applying for MiCA CASP licences. We’ve recently seen Bitget choosing Vienna, and Transak reportedly preparing its own CASP application there as well. Not Malta. Not Ireland. Not Luxembourg. On the other hand, a political debate is unfolding here at home. In a recent interview, Laurent Mosar warned that Luxembourg must remain vigilant in European negotiations where larger Member States are pushing for more centralised supervision of financial activities. His argument is simple: harmonising rules across Europe makes sense, but centralising supervision far from the local ecosystem might weaken competitiveness rather than strengthen it. And this is where things get interesting. Because while Luxembourg debates how to defend its position in traditional financial sectors like investment funds, new battlegrounds are already emerging in digita