Crypto assets

On 18 December 2024, the European Commission adopted a Delegated Regulation supplementing the Regulation on markets in crypto assets with regard to regulatory technical standards specifying the detailed content of information necessary to carry out the assessment of a proposed acquisition of a qualifying holding in a crypto-asset service provider.

The Delegated Regulation enters into

On 13 December 2024, the European Commission adopted a draft Delegated Regulation supplementing the Regulation on markets in crypto-assets (MiCAR) with regard to regulatory technical standards (RTS) specifying adjustment of own funds requirement and minimum features of stress testing programmes of issuers of asset-referenced tokens (ARTs) or of e-money

On 12 December 2024, the European Banking Authority (EBA) issued a report on tokenised deposits.

In the report the EBA outlines preliminary observations as to potential benefits and challenges of the use of tokenised deposits, which may vary depending on design parameters.

In the light of the assessment of tokenised deposits set

On 10 December 2024, the European Supervisory Authorities (ESAs) issued a final report containing guidelines on templates for explanations and opinions, and the standardised test for the classification of crypto-assets, under Article 97(1) of the Regulation in markets in crypto-assets (MiCAR).

The guidelines have been developed in accordance with Article 97(1)

On 4 December 2024, the European Banking Authority (EBA) issued a consultation paper containing draft Regulatory Technical Standards (RTS) specifying the criteria according to which crypto-asset service providers (CASPs) should appoint a central contact point to ensure compliance with local anti-money laundering and countering the financing of terrorism (

On 4 December 2024, there were published the official translations of the joint European Banking Authority (EBA) and European Securities and Markets Authority (ESMA) guidelines on the assessment of the suitability of the members of the management body of issuers of asset-referenced tokens and of crypto-asset service providers.

Next steps

The

On 3 December 2024, there was published in the Official Journal of the EU, Commission Implementing Regulation (EU) 2024/2984 of 29 November 2024 laying down implementing technical standards for the application of the Regulation on markets in crypto-assets with regard to forms, formats and templates for the crypto-asset white papers. The Implementing Regulation enters into

On 28 November 2024, Commission Implementing Regulation (EU) 2024/2902, which lays down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council (MiCAR) with regard to reporting related to asset-referenced tokens and to e-money tokens denominated in a currency that is not an official

On 27 November 2024, Commission Implementing Regulation (EU) 2024/2545 of 24 September 2024, which lays down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council (MiCAR) with regard to standard forms, templates and procedures for the cooperation and exchange of information between competent

On 25 September 2024, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2024/2494 of 24 September 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to standard forms, templates and procedures for