Article 3 Taxonomy files

This is a notably brief article that grants ESMA a discretionary power to support the technical implementation of the regulation.

It directly builds on Article 2, which establishes the requirement to use XBRL taxonomy when drawing up crypto-asset white papers.

Article 3 simply allows ESMA to make those taxonomy files publicly available in a machine-readable and downloadable format, facilitating practical compliance for those preparing white papers.

Important points:

• ESMA may publish machine-readable and downloadable XBRL taxonomy files — this is a discretionary power, not an obligation.
• The taxonomy files referenced are those established under Article 2(2) of this regulation.
• This article supports those drawing up crypto-asset white papers by potentially providing accessible technical resources for compliance.