Source: OJ L, 2025/1140, 10.6.2025Current language: EN
- Markets in crypto-assets
Crypto-asset service provider
- RTS on record keeping
Article 1 Definitions
For the purposes of this Regulation, the following definitions shall apply:
‘transaction’ means the conclusion of an acquisition or disposal of crypto-assets other than the crypto-assets referred to in Article 2(3) and (4) of Regulation (EU) 2023/1114;
‘undertaking a transaction’ means executing a transaction or transmitting an order for crypto-assets on behalf of a client;
‘executing a transaction’ means providing any of the following services or performing any of the following activities that result in a transaction:
reception and transmission of orders for crypto-assets on behalf of clients;
execution of orders on behalf of clients;
exchange of crypto-assets for funds or for other crypto-assets;
making an investment decision in accordance with a discretionary mandate given by a client;
transfer of crypto-assets to or from accounts.
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.
- reception and transmission of orders for crypto-assets on behalf of clients;
- execution of orders on behalf of clients;
- exchange of crypto-assets for funds or for other crypto-assets;
- making an investment decision in accordance with a discretionary mandate given by a client;
- transfer of crypto-assets to or from accounts.