Asset-referenced and e-money tokens (MiCAR)

Issuers of asset-referenced tokens (ARTs) and electronic money tokens (EMTs) are required to hold the relevant authorisation to carry out activities in the EU. The relevant requirements are set out in the Markets in Crypto-assets Regulation (MiCAR) and are complemented by technical standards and guidelines developed by the EBA. 

Technical Standards, Guidelines & Recommendations

Technical standards

Regulatory Technical Standards on requirements for policies and procedures on conflicts of interest for issuers of asset-referenced tokens (ARTs) under MiCAR

The Regulatory Technical Standards specifying the requirements for policies and procedures on conflicts of interest for issuers of asset-referenced tokens (ARTs) under the Markets in Crypto-Assets Regulation (MiCAR) aim at strengthening the management of conflicts of interest by issuers of ARTs and ensure convergence of requirements across the European Union.

Opinions, Reports and other Publications

Other publications