Audit, accounting, financial reporting and assurance support for Cyprus crypto-asset businesses operating within the MiCA regulatory environment.
Crypto-asset businesses combine regulated activities with technically complex evidence: wallets, custodians, exchanges, token balances, fiat rails, safeguarding, revenue recognition and high-volume transaction data. The audit approach must understand both the accounting and the operating architecture.
CySEC now maintains MiCAR/CASP registers, including entities authorised under Article 63. We support the financial reporting and assurance workstreams around Cyprus entities while coordinating, where needed, with specialist legal and regulatory advisers.
Regulatory reference: CySEC — Crypto-Assets Entities (MiCAR). Regulatory scope depends on the entity, activities and authorisation.
Risk-based statutory audit of Cyprus entities under the applicable financial reporting and auditing framework, with sector-specific consideration of crypto and payment flows.
Audit procedures can address existence and control, wallet ownership evidence, third-party custodians, exchange balances and reconciliation to underlying ledgers.
Understand the entity’s safeguarding architecture, segregation, reconciliation processes and financial-statement implications where client money or assets are involved.
Assess pricing sources, valuation methodology, transaction cut-off, classification and presentation for material digital-asset positions.
Analyse fee streams, spreads, commissions, custody or transfer charges and principal-versus-agent considerations under the applicable accounting policies.
Reconcile bank, EMI, PSP and exchange activity to the accounting records and investigate material breaks across multiple currencies and platforms.
Support finance teams with schedules, reconciliations, governance documentation and evidence packs needed for audit and regulatory interactions.
Coordinate Cyprus entity reporting with international groups, consolidation, intercompany balances, transfer pricing and group-audit requirements.
Design chart-of-accounts, sub-ledger and reconciliation processes that can cope with high-volume wallet, exchange and fiat transactions.
Prepare or review financial statements, accounting policies and disclosure support, subject to applicable audit-independence requirements.
Identify missing evidence, unreconciled balances, control gaps and data-quality issues before the year-end audit timetable becomes critical.
A crypto-asset service provider (CASP) is an entity providing one or more crypto-asset services within the scope of the EU Markets in Crypto-Assets Regulation (MiCA). The precise authorisation and obligations depend on the services and entity.
Not necessarily. “MiCA audit” is often used as a search term for audit and assurance work around MiCA-regulated businesses. Statutory audit requirements and any regulatory assurance procedures depend on the legal entity, licence, reporting framework and applicable rules.
Where within the agreed audit scope, procedures can address existence, ownership or control, wallet evidence, exchange and custodian confirmations, transaction histories, valuation, cut-off and financial-statement presentation.
Yes, subject to independence requirements. We can support accounting architecture, IFRS financial reporting, reconciliations and audit readiness for complex digital-asset and payment flows.
We can support financial, accounting, governance and audit-readiness workstreams and coordinate with the client’s legal or regulatory advisers. We do not present accounting support as legal advice or guarantee regulatory authorisation.
Discuss the entity, licence, reporting framework and audit timetable confidentially.
G. Adamides Audit Ltd is an independent ICPAC-regulated firm in Nicosia. Engagements are led by experienced professionals and coordinated across audit, tax, accounting, corporate, valuation and financial reporting disciplines.
Direct senior involvement from scoping through delivery, with clear accountability and communication.
Experience with international groups, founders, HNWIs, technology, iGaming, fintech and complex cross-border structures.
Corporate documents, accounting records, tax analysis and audit evidence are aligned rather than handled in isolation.
Services include Cyprus audit, accounting, tax, IP Box analysis, platform and payment-flow reviews, group reporting, valuation, corporate structuring and coordination with gaming counsel.
Yes, subject to client acceptance, sanctions, AML, source-of-funds and regulatory checks. The Cyprus entity’s actual functions and transaction flows must be clearly documented.
Yes. We review wallet controls, transaction evidence, revenue recognition, treasury holdings, settlement flows and the accounting and tax treatment of digital assets.
Yes. We can organise financial records, control narratives, reconciliations, group charts, tax support and audit-ready evidence for external reviewers.