Article 142 Report on latest developments in crypto-assets

By 30 December 2024 and after consulting EBA and ESMA, the Commission shall present a report to the European Parliament and the Council on the latest developments with respect to crypto-assetsmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology;, in particular on matters that are not addressed in this Regulation, accompanied, where appropriate, by a legislative proposal.

1. an assessment of the development of decentralised-finance in markets in crypto-assetsmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology; and of the appropriate regulatory treatment of decentralised crypto-assetmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology; systems without an issuermeans a natural or legal person, or other undertaking, who issues crypto-assets; or crypto-asset service providermeans a legal person or other undertaking whose occupation or business is the provision of one or more crypto-asset services to clients on a professional basis, and that is allowed to provide crypto-asset services in accordance with Article 59;, including an assessment of the necessity and feasibility of regulating decentralised finance;

2. an assessment of the necessity and feasibility of regulating lending and borrowing of crypto-assetsmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology;;

3. an assessment of the treatment of services associated to the transfer of e-money tokens, where not addressed in the context of the review of Directive (EU) 2015/2366;

4. an assessment of the development of markets in unique and non-fungible crypto-assetsmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology; and of the appropriate regulatory treatment of such crypto-assetsmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology;, including an assessment of the necessity and feasibility of regulating offerorsmeans a natural or legal person, or other undertaking, or the issuer, who offers crypto-assets to the public; of unique and non-fungible crypto-assetsmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology; as well as providers of services related to such crypto-assetsmeans a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology;.