Source: OJ L, 2025/421, 24.3.2025
Current language: EN
Article 3 Identification of the crypto-asset and the related white paper
When the ISO 24165 Digital Token Identifier is provided, the 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; white paper shall be identified with a valid identifier of type 3 pertaining to the group 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; to which the white paper relates.
When the ISO 24165 Digital Token Identifier is provided, the 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; or 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; to which the 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; white paper relates shall be individually identified with a valid identifier assigned to each of the 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; to which the white paper relates.
When the ISO 24165 Digital Token Identifier is not available, the 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; white paper shall identify the 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; to which the 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; white paper relates, by using a digital token identifier approved by ESMA at Union level, which meets all of the following characteristics:
unique;
neutral;
reliable;
open source;
scalable;
accessible;
available at a reasonable cost basis; and
is subject to an appropriate governance framework.
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.