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Priorities for the supervision of for ART and EMT issuers
EBA outlines 2024-2025 supervisory priorities for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs) under MiCAR, focusing on internal governance, financial resilience, technology risk, and financial crime management to ensure holder protection and financial stability.
Final report on Guidelines on reporting on ARTs and EMTs
EBA final guidelines on standardized reporting templates for asset-referenced tokens (ARTs) and e-money tokens (EMTs) under MiCAR, ensuring supervisory convergence by addressing data gaps in own funds, liquidity, and significance assessments for issuers and crypto-asset service providers (CASPs).
EBA statement on the application of MiCAR to ARTs and EMTs
EBA statement clarifying MiCAR compliance requirements for issuers and offerors of asset-referenced tokens (ARTs) and e-money tokens (EMTs) from 30 June 2024, outlining transitional rules, consumer safeguards, and supervisory expectations for stakeholders and authorities.
Annex I - Reporting for issuers of ARTs and EMTs - templates
Annex 4 reporting for issuers of ARTs and EMTs - templates
Consultation Paper on draft Guidelines on reporting on ARTs and EMTs
EBA consults on draft guidelines for reporting templates to help authorities supervise issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs) under Regulation (EU) 2023/1114, covering compliance, proportionality, and data collection from crypto-asset service providers.
Annex I - Reporting for issuers of ARTs and EMTs - templates
Annex II - Reporting for issuers of ARTs and EMTs - instructions
Annex II - Reporting for issuers of ARTs and EMTs - instructions
Final Report on RTS on use of ARTs and EMTs as a means of exchange under MiCAR
European Banking Authority final report on Regulatory Technical Standards (RTS) under MiCAR, defining methodology to estimate transaction volume and value for asset-referenced tokens (ARTs) and e-money tokens (EMTs) denominated in non-EU currencies used as means of exchange.
Consultation Paper on ITS on the reporting on ARTs and EMTs denominated in a non-EU currency under MiCAR
EBA consults on draft Implementing Technical Standards for reporting requirements on asset-referenced tokens (ARTs) and e-money tokens (EMTs) denominated in non-EU currencies under MiCAR, outlining data submission rules and stakeholder feedback process until February 2024.
cp_rts_on_the_use_of_arts_and_emts_denominated_in_a_non-eu_currency_as_a_means_of_exchange_under_art._226_micar.pdf
EBA consultation on draft regulatory technical standards for estimating transactions involving asset-referenced tokens (ARTs) and e-money tokens (EMTs) denominated in non-EU currencies under MiCAR Articles 22(6) and 58(3), open for stakeholder feedback until February 2024.
Opinion on the end of the No-action Letter transition period
EBA opinion outlining supervisory priorities for national authorities as the transition period under its No-Action Letter on PSD2 and MiCA interplay ends on 2 March 2026, addressing authorisation processes, conditions for continued EMT transactions, and coordination between PSD2 and MiCA frameworks.
Joint ESAs Factsheet on crypto-assets_EN.pdf
Joint ESAs factsheet explaining the EU Markets in Crypto-Assets Regulation (MiCA) – outlining consumer protections, types of regulated crypto-assets (EMTs, ARTs, utility tokens), risks of unregulated providers, and key definitions like stablecoins and NFTs.
Explainer - MiCAR templates
EBA’s MiCAR templates explain reporting requirements for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs), including thresholds, reserve composition, transactions, and own funds under MiCAR regulation.
Decision on procedure for significance assessment MiCAR
EBA decision outlining procedures for classifying asset-referenced tokens (ARTs) and e-money tokens (EMTs) as significant under MiCAR, including assessment timelines, reporting requirements, supervisory transfer rules, and cooperation with competent authorities.
Final report on Guidelines on redemption plans under MiCAR
EBA final guidelines under MiCAR outline requirements for redemption plans by issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs), specifying plan content, review periodicity, triggers, and proportionality principles to ensure orderly token redemption.
List of written procedures and their voting results from 10 December 2024 - 13 February 2025
European Banking Authority summary of written procedures and voting results from December 2024 to February 2025, including approvals for EBA reporting framework v4.0, RTS on residual risk add-on exemptions, and guidelines on ARTs/EMTs reporting under MiCAR.
Final report on Guidelines on recovery plans under MiCAR
EBA final guidelines under MiCAR outline recovery plan requirements for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs), detailing governance, indicators, recovery options, and communication plans to restore compliance with reserve asset rules.