Criteria for significant asset-referenced and e-money tokens (Reg 2023/1114)

This procedure sets out specific criteria to determine when certain digital tokens, like asset-referenced tokens and e-money tokens, are considered 'significant'. This classification is important for applying appropriate regulatory oversight to ensure financial stability and consumer protection within the EU's digital finance framework.

It affects issuers and service providers of these digital tokens, as well as financial supervisors. The regulation clarifies which tokens will be subject to stricter rules, impacting their operational requirements and oversight mechanisms.