Art. 2 Format of the crypto-asset white paper | ITS on crypto-asset white papers | MiCA

This article sets out the technical and formatting requirements for crypto-asset white papers, building directly on Article 1 which established the content standards.

Where Article 1 addresses what information must be included, Article 2 governs how that information must be structured and submitted, mandating the use of XHTML format with Inline XBRL 1.1 specifications.

It also specifies how issuers and other persons drawing up white papers must identify themselves within the document, and points to the Annex for the applicable taxonomy elements.

Important points:

Draw up crypto-asset white papers in XHTML format using Inline XBRL 1.1 specifications, submitted as a single XHTML file.
Issuers of crypto-assets under Articles 19(1) and 51(1) of Regulation (EU) 2023/1114 must be identified in the document using the ISO 17442 legal entity identifier, where available.
Other persons drawing up a white paper must also use the ISO 17442 legal entity identifier where available, or an alternative identifier required under applicable national law.

1. Crypto-asset white papers shall be drawn up in XHTML format marking the fields set out in the Annex using Inline XBRL 1.1 specifications of the eXtensible Business Reporting Language (XBRL) and shall comply with the following requirements:
  1. the Inline XBRL instance document containing the crypto-asset white paper shall be submitted as a single XHTML file;
  2. issuers of a crypto-asset referred to in Article 19(1) and Article 51(1) of Regulation (EU) 2023/1114 shall be indicated in the Inline XBRL instance document using the ISO 17442 legal entity identifier, where available;
  3. persons drawing up a crypto-asset white paper referred to in Article 6(1), and other persons than the issuer drawing up a crypto-asset white paper referred to in Article 19(1) and Article 51(1) of Regulation (EU) 2023/1114 shall be indicated in the Inline XBRL instance document using the ISO 17442 legal entity identifier, where available, or another identifier required pursuant to applicable national law.
1. Taxonomy shall be used for the drawing up of a crypto-asset white paper and the elements shall be those set out in Table 2, Table 3 or Table 4 of the Annex.