supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council by specifying certain criteria for classifying asset-referenced tokens and e-money tokens as significant
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 26mo ago
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.
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