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Cryptocurrency service providers not allowed to advertise to general publicA Cryptographic Service Provider (CSP) is a software library that encrypts your data, ensuring secure transactions and communications. The Cryptographic Service Provider (CSP) defines a concept to reduce security issues by encapsulating cryptographic assets like keys and other credentials. As per MiCA, a CASP is an organisation/person that operates for or on behalf of another person in the exchange of VAs, amongst other responsibilities.