The European Banking Authority (EBA) has extended its anti-money laundering and counter-terrorism financing (AML/CFT) supervision guidelines to include crypto-asset service providers (CASPs). The move aims to address the high money laundering and terrorism financing risks associated with CASPs, which operate across borders. The guidelines provide a common supervisory approach across EU Member States, outlining steps for identifying and managing ML/TF risks in the crypto sector. The guidelines underscore the crucial need for cooperation among competent authorities, prudential supervisors, and stakeholders in the supervision of crypto-asset service providers (CASPs). Emphasizing a consistent approach, especially when multiple authorities oversee the same institutions, they provide guidance on sourcing information for CASP supervision. The guidelines also detail how competent authorities should determine and communicate sector-specific guidance effectively. The EBA plans to issue specific AML/CFT guidance for CASPs through future amendments.