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ARTICLE · 15 JANUARY 2025

New Regulatory Technical Standards On Crypto-asset White Papers: What You Need To Know

On 29 November 2024, the European Commission published on its official gazette the Commission Implementing Regulation (EU) 2024/2984 which outlines regulatory...

European UnionTechnology

On 29 November 2024, the European Commission published on its official gazette the Commission Implementing Regulation (EU) 2024/2984 which outlines regulatory technical standards for the preparation of forms, formats, and templates for the preparation of crypto-asset white papers. These new regulatory technical standards are part of the broader Regulation (EU) 2023/1114 market in crypto-assets (MiCAR), aiming to maximise transparency, investor protection, and market integrity.

We summarise the key points below.

Key highlights:

1. Standardised templates for white papers
Crypto-asset issuers must follow specific templates to present their projects clearly and uniformly, covering different types of crypto-assets like asset-referenced tokens (ARTs) and e-money tokens (EMTs).

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