{"id":2460,"date":"2024-11-28T09:19:12","date_gmt":"2024-11-28T07:19:12","guid":{"rendered":"https:\/\/lexcovery.com\/2024\/11\/commission-implementing-regulation-eu-2024-2902-of-20-november-2024-laying-down-implementing-technical-standards-for-the-application-of-regulation-eu-2023-1114-of-the-european-parliament\/"},"modified":"2024-11-28T09:19:12","modified_gmt":"2024-11-28T07:19:12","slug":"commission-implementing-regulation-eu-2024-2902-of-20-november-2024-laying-down-implementing-technical-standards-for-the-application-of-regulation-eu-2023-1114-of-the-european-parliament","status":"publish","type":"post","link":"https:\/\/lexcovery.com\/en\/2024\/11\/commission-implementing-regulation-eu-2024-2902-of-20-november-2024-laying-down-implementing-technical-standards-for-the-application-of-regulation-eu-2023-1114-of-the-european-parliament\/","title":{"rendered":"Commission Implementing Regulation (EU) 2024\/2902 of 20\u00a0November 2024 laying down implementing technical standards for the application of Regulation (EU)\u00a02023\/1114 of the European Parliament and of the Council with regard to reporting related to asset-referenced tokens and to e-money tokens denominated in a currency that is not an official currency of a Member State"},"content":{"rendered":"<p>This is a Commission Implementing Regulation establishing technical standards for reporting requirements related to asset-referenced tokens and e-money tokens under the EU&#8217;s crypto-assets regulation (MiCA).The regulation sets detailed rules for how issuers of asset-referenced tokens and e-money tokens must report information to competent authorities regarding:<\/p>\n<ul>\n<li>Number and location of token holders<\/li>\n<li>Value of tokens issued and composition of reserve assets<\/li>\n<li>Transaction data including volume, value and geographic distribution<\/li>\n<li>Use of tokens as means of exchange within currency areas<\/li>\n<\/ul>\n<p>Key provisions include:<\/p>\n<ul>\n<li>Quarterly reporting requirements with specific reference dates and submission deadlines<\/li>\n<li>Standardized reporting templates and data formats<\/li>\n<li>Requirements for crypto-asset service providers to provide necessary data to issuers<\/li>\n<li>Rules on handling personal data of token holders<\/li>\n<li>Detailed breakdowns of reserve assets by type, counterparty and currency<\/li>\n<\/ul>\n<p>The regulation contains extensive technical annexes with reporting templates and detailed instructions for completing them. It aims to ensure consistent and comparable reporting of key metrics across the EU crypto-asset market.<\/p>\n<p><a href=\"https:\/\/eur-lex.europa.eu\/legal-content\/AUTO\/?uri=OJ:L_202402902\"><strong>Full text by link<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is a Commission Implementing Regulation establishing technical standards for reporting requirements related to asset-referenced tokens and e-money tokens under the EU&#8217;s crypto-assets regulation (MiCA).The regulation sets detailed rules for how issuers of asset-referenced tokens and e-money tokens must report information to competent authorities regarding: Number and location of token holders Value of tokens issued&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"pmpro_default_level":"","footnotes":""},"categories":[13,42],"tags":[],"class_list":["post-2460","post","type-post","status-publish","format-standard","hentry","category-eu-legislation-general-en","category-eu-legislation-important","pmpro-has-access"],"acf":{"patreon-level":0},"_links":{"self":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/posts\/2460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/comments?post=2460"}],"version-history":[{"count":0,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/posts\/2460\/revisions"}],"wp:attachment":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/media?parent=2460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/categories?post=2460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/tags?post=2460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}