Article 1 Subject matter

1. This Regulation specifies the methodology to estimate the quarterly average number and average aggregate value of transactions per day that are associated to uses of an asset-referenced tokenmeans a type of crypto-asset that is not an electronic money token and that purports to maintain a stable value by referencing another value or right or a combination thereof, including one or more official currencies; as a means of exchange within a single currency areameans one or several countries that have the same official currency;, in accordance with Article 22(1), point (d), of Regulation (EU) 2023/1114.
1. In accordance with Article 58(3) of Regulation (EU) 2023/1114, this Regulation also applies mutatis mutandis to e-money tokens denominated in a currency that is not an official currencymeans an official currency of a country that is issued by a central bank or other monetary authority; of a Member State.

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.