Regulatory Technical Standards on the procedure for the approval of white papers of ARTs issued by credit institutions
- Status: Final draft RTS/ITS adopted by the EBA and submitted to the European Commission
The Regulatory Technical Standards on the procedure for the approval of white papers of asset-reference tokens (ARTs) issued by credit institutions propose steps and timeframes that credit institutions, competent authorities and the European Central Bank or other central banks must follow during the procedure for the approval of a crypto-asset white paper. To ensure consistency, these RTS set out a structure that is similar to the process regulated under Article 17(1)(b) of Regulation (EU) 2023/1114 on Markets in Crypto-assets (MiCAR) for the notification of other information by credit institutions that aim to issue ARTs.