This question has been rejected because the issue it deals with is already explained or addressed in Recital 71, Article 54 and Article 58(1) of Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets, to read in conjunction with Regulation (EU) No 575/2013 as amended by Regulation (EU) 2019/876 (Capital Requirements Regulation or CRR2) and Directive 2013/36/EU as amended by Directive (EU) 2019/878 (Capital Requirements Directive or CRD5) as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts.

The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on questions relating to the practical application or implementation of the provisions of legislative acts referred to in Article 1(2) of the EBA’s founding Regulation, as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts.

For further information on the purpose of this tool and on how to submit questions, please see “Additional background and guidance for asking questions”.