Source: OJ L 150, 9.6.2023, pp. 40–205

Current language: EN

Article 9 Publication of the crypto-asset white paper and of the marketing communications


Summary What does Article 9 of the MiCA regulation say?

This article sets out the publication requirements for crypto-asset white papers and marketing communications, acting as the practical companion to Article 8, which covers the notification process.

Once the notification obligation under Article 8 is fulfilled, this article governs when and how those documents must be made available to the public.

In essence, it requires offerors and persons seeking admission to trading to publish their white papers on a publicly accessible website before the offer or trading begins, and to keep them there for as long as the crypto-assets are held by the public.

It also locks in a consistency requirement, ensuring that what is published matches exactly what was notified to the competent authority.

Important points:

  • Publish your crypto-asset white paper and any marketing communications on a publicly accessible website before the start of the offer or admission to trading.
  • These documents must remain on the website for as long as the crypto-assets are held by the public.
  • The published versions must be identical to those notified to the competent authority under Article 8, or as modified under Article 12.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

    1. Offerors and persons seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens shall publish their crypto-asset white papers and, where applicable, their marketing communications, on their website, which shall be publicly accessible, at a reasonable time in advance of, and in any event before the starting date of, the offer to the public of those crypto-assets or the admission to trading of those crypto-assets. The crypto-asset white papers and, where applicable, the marketing communications, shall remain available on the website of the offerors or persons seeking admission trading for as long as the crypto-assets are held by the public.

    1. The published crypto-asset white papers and, where applicable, the marketing communications, shall be identical to the version notified to the competent authority in accordance with Article 8 or, where applicable, to the version modified in accordance with Article 12.

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