Article 98 Cooperation with other authorities

Summary What does Article 98 of the MiCA regulation say?

This brief but practically important article addresses a coordination gap that arises when regulated entities under MiCA also operate in other regulated domains.

It places an obligation on competent authorities to cooperate with whichever other supervisory bodies — domestic, EU-level, or from third countries — are responsible for overseeing those non-MiCA activities.

The scope of this cross-authority cooperation is notably broad, explicitly including tax authorities and supervisors from outside the EU.

Important points:

Competent authorities are required to cooperate with other relevant supervisory bodies when a MiCA-regulated entity also engages in activities falling outside this Regulation.
The cooperation obligation extends to tax authorities and relevant supervisory authorities of third countries.
This article applies across all major MiCA-regulated actors: offerors, persons seeking admission to trading, issuers of asset-referenced tokens or e-money tokens, and crypto-asset service providers.

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

Where an offeror, person seeking admission to trading, an issuer of an asset-referenced token or e-money token or a crypto-asset service provider engages in activities other than those covered by this Regulation, the competent authorities shall cooperate with the authorities responsible for the supervision or oversight of such other activities pursuant to Union or national law, including tax authorities and relevant supervisory authorities of third countries.

Table of contents

Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.

Relevant recitals