Source: OJ L, 2025/421, 24.3.2025Current language: EN
Article 1 Data for the classification of crypto-asset white papers
Summary What does Article 1 of the RTS on crypto-asset white paper classification say?
This is a foundational article that establishes the core data requirements for classifying crypto-asset white papers.
It sets out that the required classification data is contained in the Annex, and that this data must generally be submitted in the ISO 20022 standard format.
Notably, it carves out an exception for situations where the classification data is already embedded within a crypto-asset white paper drawn up under specific articles of Regulation (EU) 2023/1114 (the MiCA regulation), in which case the data may instead be provided in whatever machine-readable format was used to prepare that white paper under Implementing Regulation (EU) 2024/2984.
Important points:
- Provide classification data for crypto-asset white papers in line with the requirements set out in the Annex.
- The default format for submitting this data is the ISO 20022 standard.
- Where classification data forms part of a MiCA white paper prepared under Implementing Regulation (EU) 2024/2984, it may be provided in that white paper's existing machine-readable format instead.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
The data necessary for the classification of crypto-asset white papers is set out the Annex.
The data set out in the Annex shall be provided in a common format in accordance with the ISO 20022 standard.
By way of derogation from paragraph 2 of this Article, where the data set out in the Annex is included in the crypto-asset white paper referred to in Article 6, Article 19 or Article 51 of Regulation (EU) 2023/1114, the data set out in the Annex to this Regulation may be provided in the same machine-readable format in which the crypto-asset white paper was prepared in accordance with Implementing Regulation (EU) 2024/2984.
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.
Definition
distributed ledger
Definition
consensus mechanism
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crypto-asset
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DLT network node
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distributed ledger technology