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3 December 2024
BANKING & FINANCE | FINTECH
Publication of the EU Commission implementing regulation with regard to forms, formats and templates for the crypto-asset white papers, and two draft delegated regulations
EU Commission Implementing Regulation 2024/2984 of 29 November 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 (“MiCAR”) with regard to forms, formats and templates for the crypto-asset white papers was published in the Official Journal of the European Union on 3 December 2024 (here).
MiCAR conditions the public offering and admission to trading of crypto-assets on the drafting and publication of a white paper on these crypto-assets. The annex to Implementing Regulation 2024/2984 provides three templates white papers for (i) asset-referenced tokens (“ARTs”), (ii) e-money tokens (“EMTs”) or (iii) crypto-assets other than ARTs or EMTs.
These white papers must be drawn up in XHTML format and comply with the requirements set out in article 2 of implementing regulation 2024/2984.
On 3 December 2024, the EU Commission also published two draft delegated regulations applicable to crypto-asset service providers operating a trading platform for crypto-assets, concerning the content and format of order book records (here) and the presentation of transparency data (here).
These publications come 4 weeks before MiCAR comes into force on 30 December 2024.
Our Gide 255 team is at your disposal for the preparation of your developments related to crypto-assets markets.
