This is a Commission Implementing Regulation establishing technical standards for reporting requirements related to asset-referenced tokens and e-money tokens under the EU’s crypto-assets regulation (MiCA).The regulation sets detailed rules for how issuers of asset-referenced tokens and e-money tokens must report information about token holders, transactions, and reserve assets to competent authorities. It includes specific requirements for:
- Reporting on the number and location of token holders, including retail vs institutional breakdown
- Detailed reporting on the composition and value of reserve assets backing the tokens
- Transaction reporting requirements, including geographic distribution of transactions
- Data sharing between crypto-asset service providers and token issuers
The regulation contains extensive technical annexes with reporting templates and detailed instructions for filling them out. Key aspects include:
- Quarterly reporting cycles with specific reference and remittance dates
- Standardized data formats and validation rules
- Requirements for handling personal data of token holders
- Special provisions for e-money tokens in non-EU currencies
The regulation aims to ensure proper supervision of crypto-asset markets by providing authorities with standardized, detailed data about token issuance and trading activity. It will apply from January 1, 2025.
