{"id":2658,"date":"2024-12-03T09:20:49","date_gmt":"2024-12-03T07:20:49","guid":{"rendered":"https:\/\/lexcovery.com\/2024\/12\/commission-implementing-regulation-eu-2024-2984-of-29-november-2024-laying-down-implementing-technical-standards-for-the-application-of-regulation-eu-2023-1114-of-the-european-parliament\/"},"modified":"2024-12-03T09:20:49","modified_gmt":"2024-12-03T07:20:49","slug":"commission-implementing-regulation-eu-2024-2984-of-29-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\/12\/commission-implementing-regulation-eu-2024-2984-of-29-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\/2984 of 29\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 forms, formats and templates for the crypto-asset white papers"},"content":{"rendered":"<p>This Commission Implementing Regulation establishes technical standards for crypto-asset white papers under EU Regulation 2023\/1114. It sets uniform requirements for the format and content of disclosure documents that must be prepared when offering crypto-assets to the public or seeking their admission to trading.The regulation introduces three standardized templates for different types of crypto-assets: general crypto-assets, asset-referenced tokens, and e-money tokens. Each template contains detailed fields that must be completed with specific information about the issuer, the crypto-asset, rights attached to it, underlying technology, risks, and other relevant details.Key provisions include:<\/p>\n<ul>\n<li>Mandatory use of machine-readable XHTML format with Inline XBRL markup for all white papers<\/li>\n<li>Standardized data fields and taxonomies to ensure consistency and comparability<\/li>\n<li>Requirements for unique identifiers like Legal Entity Identifiers (LEI) and Digital Token Identifiers (DTI)<\/li>\n<li>Detailed disclosure requirements regarding the characteristics of crypto-assets, rights of holders, risks, and underlying technology<\/li>\n<li>Special requirements for asset-referenced tokens and e-money tokens regarding reserve assets and redemption rights<\/li>\n<\/ul>\n<p>The regulation aims to ensure transparency and standardization in crypto-asset disclosures while facilitating automated processing of information. It will apply from December 23, 2025, giving market participants time to adapt to the new requirements.<\/p>\n<p><a href=\"https:\/\/eur-lex.europa.eu\/legal-content\/AUTO\/?uri=OJ:L_202402984\"><strong>Full text by link<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This Commission Implementing Regulation establishes technical standards for crypto-asset white papers under EU Regulation 2023\/1114. It sets uniform requirements for the format and content of disclosure documents that must be prepared when offering crypto-assets to the public or seeking their admission to trading.The regulation introduces three standardized templates for different types of crypto-assets: general crypto-assets,&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-2658","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\/2658","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=2658"}],"version-history":[{"count":0,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/posts\/2658\/revisions"}],"wp:attachment":[{"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/media?parent=2658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/categories?post=2658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lexcovery.com\/en\/wp-json\/wp\/v2\/tags?post=2658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}