Source: OJ L, 2025/422, 31.3.2025Current language: EN
Article 2 Presentation of information in the crypto-asset white papers
Summary What does Article 2 of the RTS on sustainability indicators say?
This article establishes two straightforward obligations relating to the sustainability information contained in crypto-asset white papers as required under Regulation (EU) 2023/1114 (MiCA).
It sets a baseline expectation for the ongoing accuracy of disclosed information, and introduces a practical allowance that reduces duplication of effort where multiple crypto-assets share the same underlying infrastructure.
Important points:
- Persons drawing up crypto-asset white papers must review and update the climate and environment-related information in those white papers on a regular basis.
- Where the required information already exists in another crypto-asset white paper for a crypto-asset using the same consensus mechanism, that information may be sourced from that other white paper rather than independently produced.
- This article directly supports the disclosure requirements set out in Articles 4 and 5 of this Regulation, which govern the format and content of the sustainability indicators to be reported.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
Information in crypto-asset white papers, referred to in Article 6(1), first subparagraph, point (j), Article 19(1), first subparagraph, point (h), or Article 51(1), first subparagraph, point (g), of Regulation (EU) 2023/1114, shall be reviewed and updated on a regular basis.
Where the information referred to in paragraph 1 can be found in other crypto-asset white papers for crypto-assets issued via the same consensus mechanism, this information may be obtained from those other crypto-asset white papers.
Relevant recitals
Recital 5 Reusing consensus mechanism information across white papers
To ensure consistency between the information found across crypto-asset white papers issued via the same consensus mechanism, as well as proportionality in complying with this Regulation, it should be possible, without prejudice to the entities’ respective legal obligations, to reuse information on the consensus mechanism that are relevant to a crypto-asset for which a crypto-asset white paper is prepared, where such information has already been published in the context of another crypto-asset white paper.
Recital 6 Ongoing reviews and independent third-party disclosure
Considering that all disclosing entities remain responsible for their own disclosures, including where they source information from existing crypto-asset white papers, information included in the white papers and information made available on the websites of crypto-asset service providers should be reviewed on a regular basis and updated accordingly. Considering that disclosing entities may make use of independent third parties to obtain or verify information to be disclosed, the use of such independent third parties for those purposes should be disclosed and the relevant independent third-party identified.
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
placing of crypto-assets
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distributed ledger
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reception and transmission of orders for crypto-assets on behalf of clients
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exchange of crypto-assets for funds
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consensus mechanism
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operation of a trading platform for crypto-assets
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crypto-asset service
- providing custody and administration of crypto-assets on behalf of clients;
- operation of a trading platform for crypto-assets;
- exchange of crypto-assets for funds;
- exchange of crypto-assets for other crypto-assets;
- execution of orders for crypto-assets on behalf of clients;
- placing of crypto-assets;
- reception and transmission of orders for crypto-assets on behalf of clients;
- providing advice on crypto-assets;
- providing portfolio management on crypto-assets;
- providing transfer services for crypto-assets on behalf of clients;
Definition
offer to the public
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providing advice on crypto-assets
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offeror
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execution of orders for crypto-assets on behalf of clients
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crypto-asset service provider
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crypto-asset
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DLT network node
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funds
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client
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issuer
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exchange of crypto-assets for other crypto-assets
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providing custody and administration of crypto-assets on behalf of clients
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providing transfer services for crypto-assets on behalf of clients
Definition
distributed ledger technology