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 and of the Council with regard to forms, formats and templates for the crypto-asset white papers
Date: 2024-11-29
Institutions: Directorate-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
Subjects: administrative formalities, consumer protection, electronic money, financial legislation, form, market supervision, provision of services, technical standard, virtual currency




L_202402984EN.000101.fmx.xml












Official Journal of the European Union


EN
L series













2024/2984


3.12.2024







            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 and of the Council with regard to forms, formats and templates for the crypto-asset white papers
(Text with EEA relevance)


THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,


Having regard to Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets and amending Regulation (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937 (1), and in particular Article 6(11), third subparagraph, Article 19(10), third subparagraph, and Article 51(10) third subparagraph, thereof,

Whereas:







(1)


In accordance with Regulation (EU) 2023/1114 it is necessary to establish standard forms, formats and templates for crypto-asset white papers so that they can be made available in a machine-readable format. Those templates should provide for data fields for the information to be included in the crypto-asset white papers in accordance with that Regulation.












(2)


To avoid duplication of requirements and reduce the compliance burden, where a valid legal entity identifier code is provided in the crypto-asset white paper, it should not be required for the crypto-asset white paper to contain the information that is retrievable from that legal entity identifier. That concerns the following information: legal form, registered address and head office (where different) and identity of the parent company of the issuer.












(3)


To ensure a unique and consistent identification of the crypto-asset service provider, a crypto-asset service provider identifier is necessary in addition to the name of crypto-asset service provider. To obtain authorisation as a crypto-asset service provider, a legal entity identifier is required in accordance with Article 62(2), point (a), of Regulation (EU) 2023/1114. Therefore, for the identification of crypto asset service providers, its legal entity identifier should be provided.












(4)


To avoid duplication of requirements and reduce the compliance burden, where a valid Digital Token Identifier is provided in the crypto-asset white paper, it should not be required for the crypto-asset white paper to contain data that is retrievable from the Digital Token Identifier Foundation Registry. That concerns the following information: crypto-asset’s name and abbreviation, commercial name or trading name of the issuer, and distributed ledger technology.












(5)


To further facilitate the analysis and comparability of the crypto-asset white papers, they should be marked up using eXtensible Business Reporting Language (XBRL). XBRL is a machine-readable format which allows for the automated consumption of large amount of information. It is well established and in use in a number of jurisdictions.












(6)


To ensure the protection of retail investors, crypto-asset white papers should be human readable and easily accessible without specialised software. The use of Inline XBRL technology for embedding XBRL markups in XHTML documents enables such documents to be at the same time machine-readable and human readable.












(7)


The use of XBRL requires the development of a taxonomy. To achieve a harmonised approach to the use of XBRL, the elements of the taxonomy to be used for the crypto-asset white papers should be exclusively the fields included in the standardised templates.












(8)


The taxonomy for the use of XBRL is accessed in the form of XBRL files (‘XBRL taxonomy files’), which provide a structured representation of the fields to be reported. The fields and their appropriate data type should be made available in a simple human-readable form. It is important that persons drawing up a crypto-asset white paper use XBRL taxonomy files that comply with all applicable technical and legal requirements. To facilitate compliance and to enhance transparency, the European Securities and Markets Authority (‘ESMA’) should publish the XBRL taxonomy files on its website in a machine-readable and freely downloadable format.












(9)


To allow time to adapt to the requirements related to the preparation of the white paper in the machine-readable format, it is necessary to defer the date of application of this Regulation by 12 months. Persons drawing up the white papers should be required to publish the relevant white papers on their websites in separate sections titled ‘white papers’ in accordance with the requirements laid down respectively in Articles 6, 19 and 51 of Regulation (EU) 2023/1114 and in Annexes I, II and III to that Regulation from the date of entry into application of the relevant provisions set out in Regulation (EU) 2023/1114.












(10)


This Regulation is based on the draft implementing technical standards, developed by ESMA in cooperation with the European Banking Authority, submitted to the Commission by ESMA.












(11)


ESMA has conducted open public consultations on the draft implementing technical standards on which this Regulation is based, analysed the potential related costs and benefits and requested the advice of the Securities and Markets Stakeholder Group established in accordance with Article 37(1) of Regulation (EU) No 1095/2010 of the European Parliament and of the Council (2),





HAS ADOPTED THIS REGULATION:



Article 1

Templates for crypto-asset white papers


1.   Persons drawing up a crypto-asset white paper referred to in Article 6(1), Article 19(1) or Article 51(1) of Regulation (EU) 2023/1114 shall provide the information required by this Regulation in a manner that is non-discriminatory, fair, clear and not misleading, presented in a concise and comprehensible form and shall not omit material information.


2.   The templates for the white papers for crypto-assets other than asset-referenced tokens or e-money tokens, for asset-referenced tokens and for e-money tokens are set out in the Annex respectively.



Article 2

Format of the crypto-asset white paper


1.   Crypto-asset white papers shall be drawn up in XHTML format marking the fields set out in the Annex using Inline XBRL 1.1 specifications of the eXtensible Business Reporting Language (XBRL) and shall comply with the following requirements:






(a)


the Inline XBRL instance document containing the crypto-asset white paper shall be submitted as a single XHTML file;










(b)


issuers of a crypto-asset referred to in Article 19(1) and Article 51(1) of Regulation (EU) 2023/1114 shall be indicated in the Inline XBRL instance document using the ISO 17442 legal entity identifier, where available;










(c)


persons drawing up a crypto-asset white paper referred to in Article 6(1), and other persons than the issuer drawing up a crypto-asset white paper referred to in Article 19(1) and Article 51(1) of Regulation (EU) 2023/1114 shall be indicated in the Inline XBRL instance document using the ISO 17442 legal entity identifier, where available, or another identifier required pursuant to applicable national law.






2.   Taxonomy shall be used for the drawing up of a crypto-asset white paper and the elements shall be those set out in Table 2, Table 3 or Table 4 of the Annex.



Article 3

Taxonomy files

ESMA may publish machine-readable and downloadable XBRL taxonomy files based on the taxonomy referred to in Article 2(2).


Article 4

Entry into force and application

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
It shall apply from 23 December 2025.




This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 29 November 2024.


For the Commission


The President

Ursula VON DER LEYEN
            





(1)  
            OJ L 150, 9.6.2023, p. 40, ELI: http://data.europa.eu/eli/reg/2023/1114/oj.

(2)  Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Securities and Markets Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/77/EC (OJ L 331, 15.12.2010, p. 84, ELI: http://data.europa.eu/eli/reg/2010/1095/oj).




ANNEX

TEMPLATES FOR THE CRYPTO-ASSET WHITE PAPERS


Table 1


Legend for Tables 2, 3 and 4








SYMBOL


DATA TYPE


DEFINITION




{ALPHANUM-n}


Up to n alphanumerical characters


Free text field.




{CFI_CODE}


6 characters


ISO 10962 CFI code




{COUNTRYCODE_2}


2 alphanumerical characters


2 letter country code, as defined by ISO 3166-1 alpha-2 country code




{CURRENCYCODE_3}


3 alphanumerical characters


3 letter currency code, as defined by ISO 4217 currency codes




{DATE_TIME_FORMAT}


ISO 8601 date and time format


Date and time in the following format:
YYYY-MM-DDThh: mm:ss.ddddddZ.






—


‘YYYY’ is the year;kos










—


‘MM’ is the month;










—


‘DD’ is the day;










—


‘T’ – means that the letter ‘T’ shall be used










—


‘hh’ is the hour;










—


‘mm’ is the minute;










—


‘ss.dddddd’ is the second and its fraction of a second;










—


Z is UTC time.




Dates and times shall be reported in UTC.




{DATEFORMAT}


ISO 8601 date format


Dates shall be formatted in the following way: YYYY-MM-DD.




{DECIMAL-n/m}


Decimal number of up to n digits in total of which up to m digits can be fraction digits


Numerical field for both positive and negative values.






—


decimal separator is ‘.’ (full stop);










—


negative numbers are prefixed with ‘-’ (minus); Values are rounded and not truncated.








{DTI}


9 alphanumerical characters


Digital token identifier as defined in ISO 24165 standard




{DURATION}


3 characters


Represents a duration of time expressed as number of days.




{INTEGER-n}


Integer number of up to n digits in total


Numerical field for integer values.




{ISIN}


12 alphanumerical characters


ISIN code, as defined in ISO 6166 standard




{LEI}


20 alphanumerical characters


Legal entity identifier as defined in ISO 17442 standard




{MIC}


4 alphanumerical characters


Market identifier as defined in ISO 10383








Table 2


Template for white papers for crypto-assets other than asset-referenced tokens or e-money tokens









No


FIELD


CONTENT TO BE REPORTED


FORM AND STANDARDS TO BE USED FOR REPORTING




00


Table of contents


Table of contents


Alphanumerical text




01


Date of notification


Date of notification


YYYY-MM-DD




02


Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114


Regarding offerors:

‘This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset white paper.’

Regarding the persons seeking admission to trading:

‘This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The person seeking admission to trading of the crypto-asset is solely responsible for the content of this crypto-asset white paper.’

Regarding the operators of trading platforms:

‘This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The operator of the trading platform of the crypto-asset is solely responsible for the content of this crypto-asset white paper.’



Predefined alphanumerical text




03


Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114



‘This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 of the European Parliament and of the Council and, to the best of the knowledge of the management body, the information presented in the crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import.’



Predefined alphanumerical text




04


Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114



‘The crypto-asset referred to in this crypto-asset white paper may lose its value in part or in full, may not always be transferable and may not be liquid.’



Predefined alphanumerical text




05


Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114



‘The utility token referred to in this white paper may not be exchangeable against the good or service promised in this white paper, especially in the case of a failure or discontinuation of the crypto-asset project.’



‘true’ – Yes
‘false’ – Not applicable
If Yes, Predefined alphanumerical text




06


Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114


The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.


Predefined alphanumerical text





SUMMARY





07


Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114



‘Warning
This summary should be read as an introduction to the crypto-asset white paper.
The prospective holder should base any decision to purchase this crypto –asset on the content of the crypto-asset white paper as a whole and not on the summary alone.
The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law.
This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law.’



Predefined alphanumerical text




08


Characteristics of the crypto-asset


A brief, clear and non-technical description of the characteristics of the crypto asset including information about rights and obligations of the purchaser, procedure and conditions for the exercise of those rights and conditions, if any, under which these rights and obligations may be modified.


Free alphanumerical text




09


 


Only applicable if field 05 is true. Information about the quality and quantity of goods or services to which the utility tokens give access and restrictions on the transferability.


Free alphanumerical text




10


Key information about the offer to the public or admission to trading


A brief and non-technical description of the offer to the public including information about the amount of the offer, including, where applicable, any minimum and maximum target subscription goals, issue price of the crypto-asset and subscription fees, the total number of crypto-assets to be offered; prospective holders; description, where applicable, of the various phases of the offer to the public of crypto-assets, including information on discounted purchase price for early purchasers of crypto-assets and subscription period.
When applicable, the name of the crypto-asset service provider in charge of the placing of crypto-assets and the form of such placement (with or without a firm commitment basis);
When applicable, a brief and non-technical description of the admission to trading, including the name of the trading platform for which the admission is sought.


Free alphanumerical text




 





Part A - Information about the offeror or the person seeking admission to trading





A.1


Name


Name


Free alphanumerical text




A.2


Legal form


Only applicable if a (LEI) is not provided in field A.6
Legal form


ISO standard 20275 ‘Financial Services – Entity Legal Forms (ELF)’




A.3


Registered address


Only applicable if a legal entity identifier is not provided in field A.6
Address and country of registration


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




A.4


Head office


Only applicable if an LEI is not provided in field A.6
Address and country of the Head office, where different than registered address


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




A.5


Registration date


Date of the registration


ISO 8601 date format (YYYY-MM-DD)




A.6


Legal entity identifier


Legal entity identifier of the offeror or person seeking admission to trading, when available


{LEI}




A.7


Another identifier required pursuant to applicable national law


Field to be filled in only if a legal entity identifier is not provided in field A.6.
National identifier based on the nationality of the offeror or the person seeking admission to trading, if required under the applicable national law.
This field only applies to entities for which a national identifier is required in accordance with applicable national law.


Free text




A.8


Contact telephone number


Contact telephone number of the offeror or the person seeking admission to trading


Free alphanumerical text




A.9


E-mail address


E-mail address of the offeror or the person seeking admission to trading


Free alphanumerical text




A.10


Response time (Days)


Period of days within which an investor will receive an answer via that telephone number or e-mail address


{DURATION}




A.11


Parent company


Field to be filled in only if a legal entity identifier is not provided in field A.6
Where applicable, the name of the parent company


Free alphanumerical text




A.12


Members of the management body


Identity, business address and functions of each person that is member of the management body, as defined in Article 3(1), point (27), of Regulation (EU) 2023/1114, of the offeror or the person seeking admission to trading


Free alphanumerical text presented in a tabular format




A.13


Business activity


Business or professional activity of the offeror or person seeking admission to trading


Free alphanumerical text




A.14


Parent company business activity


Where applicable, business or professional activity of the parent company, including principal activities and principal markets


Free alphanumerical text




A.15


Newly established


Indication as to whether the offeror or person seeking admission to trading has been established for the past three years


‘true’ – Yes
‘false’ – No




A.16


Financial condition for the past three years


Where the offeror or person seeking admission to trading has been established for the past three years, the financial condition of the offeror or person seeking admission to trading over the past three years.
This shall be assessed based on a fair review of the development and performance of the business of the offeror or person seeking admission to trading and of its position for each year and interim period for which historical financial information is required, including the causes of material changes.
The review shall be a balanced and comprehensive analysis of the development and performance of the business of the offeror or person seeking admission to trading and of its position, consistent with the size and complexity of the business.


Free alphanumerical text




A.17


Financial condition since registration


Where the offeror or person seeking admission to trading has not been established for the past three years, description of its financial condition since the date of its registration.
This shall be assessed based on a fair review of the development and performance of the business of the offeror or person seeking admission to trading and of its position for each year and interim period for which historical financial information is available, including the causes of material changes.
The review shall be a balanced and comprehensive analysis of the development and performance of the business of the offeror or person seeking admission to trading and of its position, consistent with the size and complexity of the business.


Free alphanumerical text





Part B - Information about the issuer, if different from the offeror or person seeking admission to trading





B.1


Issuer different from offeror or person seeking admission to trading


Indication as to whether the issuer is different from the offeror or person seeking admission to trading


‘true’ – Yes
‘false’ – No




B.2


Name


Name


Free alphanumerical text




B.3


Legal form


Field to be filled in only if an LEI is not provided in field B.7
Legal form


ISO standard 20275 ‘Financial Services – Entity Legal Forms (ELF)’




B.4


Registered address


Field to be filled in only if an LEI is not provided in field B.7
Address and country of registration


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




B.5


Head office


Field to be filled in only if an LEI is not provided in field B.7
Address of the Head office, where different than registered address


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




B.6


Registration date


Date of the registration


ISO 8601 date format (YYYY-MM-DD)




B.7


Legal entity identifier


Legal entity identifier of the issuer, where available


{LEI}




B.8


Another identifier required pursuant to applicable national law


Field to be filled in only if a legal entity identifier is not provided in field B.7.
National identifier based on the nationality of the issuer, if required under the applicable national law
This field only applies to entities for which a national identifier is required under applicable national law


Free text




B.9


Parent company


Field to be filled in only if an LEI is not provided in field B.7
Where applicable, the name of the parent company


Free alphanumerical text




B.10


Members of the management body


Identity, business address and functions of each of the persons that are members of the management body, as defined in Article 3(1), point (27), of Regulation (EU) 2023/1114, of the issuer


Free alphanumerical text presented in a tabular format




B.11


Business activity


Business or professional activity of the issuer


Free alphanumerical text




B.12


Parent company business activity


Where applicable, business or professional activity of the parent company


Free alphanumerical text





Part C- Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114





C.1


Name


Name


Free alphanumerical text




C.2


Legal form


Field to be filled in only if an LEI is not provided in field C.6
Legal form


ISO standard 20275 ‘Financial Services – Entity Legal Forms (ELF)’




C.3


Registered address


Field to be filled in only if an LEI is not provided in field C.6
Address of registration


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




C.4


Head office


Field to be filled in only if an LEI is not provided in field C.6
Address of the Head office, where different than registered address


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




C.5


Registration date


Date of the registration


ISO 8601 date format (YYYY-MM-DD)




C.6


Legal entity identifier


Legal entity identifier of the operator of the trading platform


{LEI}




C.7


Another identifier required pursuant to applicable national law


National identifier based on the nationality of the issuer, if required under the applicable national law.
This field only applies to entities for which a national identifier is required under applicable national law.


Free text




C.8


Parent company


Field to be filled in only if an LEI is not provided in field C.6
Where applicable, the name of the parent company


Free alphanumerical text




C.9


Reason for crypto-Asset white paper Preparation


The reason why the operator of the trading platform drew up the crypto-asset white paper


Free alphanumerical text




C.10


Members of the Management body


Identity (name or other identifiers), business address and functions of each of the persons that are members of the management body, as defined in Article 3(1), point (27), of Regulation (EU) 2023/1114, of the operator of the trading platform


Free alphanumerical text presented in a tabular format




C.11


Operator business activity


Business or professional activity of the operator, including principal activities and principal markets


Free alphanumerical text




C.12


Parent company business activity


Where applicable, business or professional activity of the parent company, including principal activities and principal markets


Free alphanumerical text




C.13


Other persons drawing up the crypto-asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114


Where different from the offeror, person seeking admission to trading, issuer, or operator of the trading platform, indication of the identity of the person drawing up the crypto-asset white paper


Free alphanumerical text




C.14


Reason for drawing the white paper by persons referred to in Article 6(1), second subparagraph, of Regulation (EU) 2023/1114


Where the white paper is drawn up by a person different from the offeror, person seeking admission to trading, issuer, or operator of the trading platform, reason for drawing up the white paper


Free alphanumerical text





Part D- Information about the crypto-asset project





D.1


Crypto-asset project name


Name of the crypto-asset project, if different from the name of the offeror or person seeking admission to trading


Free alphanumerical text




D.2


Crypto-assets name


Field to be filled in only if a Digital Token Identifier (DTI) is not provided in field F.13.
Name of the crypto-assets, if different from the name of the offeror or person seeking admission to trading


Free alphanumerical text




D.3


Abbreviation


Field to be filled in only if a DTI is not provided in field F.13.
Abbreviation or ticker handler


Free alphanumerical text




D.4


Crypto-asset project description


A brief description of the crypto-asset project


Free alphanumerical text




D.5


Details of all natural or legal persons involved in the implementation of the crypto-asset project


Details of advisors, development team, crypto-assets service providers and other persons involved in the implementation of the crypto-asset project, including business addresses or domicile of the company


Free alphanumerical text presented in a tabular format




D.6


Utility Token Classification


Indication as to whether the crypto-asset project concerns utility tokens


‘true’ – Yes
‘false’ – No




D.7


Key Features of Goods/Services for Utility Token Projects


Where applicable, key features of the goods or services to be developed for utility tokens crypto-asset projects


Free alphanumerical text




D.8


Plans for the token


Information about the crypto-asset project, including the description of the past and future milestones


Free alphanumerical text




D.9


Resource allocation


Where applicable, information about resources, including financial resources, already allocated to the project


Free alphanumerical text




D.10


Planned use of Collected funds or crypto-Assets


Where applicable, planned use of any funds or other crypto-assets collected


Free alphanumerical text





Part E - Information about the offer to the public of crypto-assets or their admission to trading





E.1


Public offering or admission to trading


Indication as to whether the crypto-asset white paper concerns an offer to the public of crypto-assets or their admission to trading


‘OTPC’ - offer to the public
‘ATTR’ - admission to trading




E.2


Reasons for public offer or admission to trading


The reasons for the offer to the public or for seeking admission to trading, including the planned use of the funds or other crypto assets collected


Free alphanumerical text




E.3


Fundraising target


Where applicable, the amount that the offer to the public intends to raise in funds or in any other crypto-asset in an official currency or any other crypto-assets


Amount in monetary value {DECIMAL-18/3}
Or
Numerical {INTEGER-n}




E.4


Minimum subscription goals


Where applicable, minimum subscription goals set for the offer to the public of the crypto-assets in an official currency or any other crypto-assets


Amount in monetary value {DECIMAL-18/3}
or
Numerical {INTEGER-n}




E.5


Maximum subscription goals


Where applicable, any maximum target subscription goals set for the offer to the public of the crypto-assets in an official currency or any other crypto-assets


Amount in monetary value {DECIMAL-18/3}
or
Numerical {INTEGER-n}




E.6


Oversubscription acceptance


Indication whether oversubscriptions are accepted


‘true’- Yes
‘false’ – No




E.7


Oversubscription allocation


Where oversubscriptions are accepted, a description of how they are allocated


Free alphanumerical text




E.8


Issue price


The issue price of the crypto-asset being offered to the public in an official currency or any other crypto-assets


Amount in monetary value{DECIMAL-18/3}
Or
Numerical {INTEGER-n}




E.9


Official currency or any other crypto-assets determining the issue price


The official currency or any other crypto-assets on the basis of which the issue price of the crypto asset is being offered to the public


{CURRENCYCODE_3}
or
{DTI}




E.10


Subscription fee


Any applicable subscription fee in an official currency or any other crypto-assets


Amount in monetary value {DECIMAL-18/3}
Or
Numerical {INTEGER-n}




E.11


Offer price determination method


Method in accordance with which the offer price will be determined


Free alphanumerical text




E.12


Total number of offered/traded crypto-assets


Where applicable, the total number of crypto-assets to be offered to the public or admitted to trading


Numerical {INTEGER-n}




E.13


Targeted holders


Indication of the prospective holders targeted by the offer to the public of the crypto-asset or admission of such crypto-asset to trading


‘RETL’ – retail investors
‘PROF’ – professional investors
‘ALL’ – all types of investors




E.14


Holder restrictions


Indication of any restriction as regards the type of holders for such crypto-asset


Free alphanumerical text




E.15


Reimbursement notice


‘Purchasers participating in the offer to the public of crypto-asset will be able to be reimbursed if the minimum target subscription goal is not reached at the end of the offer to the public, if they exercise the right to withdrawal provided for in Article 13 of Regulation (EU) 2023/1114 of the European Parliament and of the Council or if the offer is cancelled’


Predefined alphanumerical text




E.16


Refund mechanism


Detailed description of the refund mechanism


Free alphanumerical text




E.17


Refund timeline


Expected timeline of when the refunds will be completed


Free alphanumerical text




E.18


Offer phases


Information about the various phases of the offer to the public of the crypto-asset


Free alphanumerical text




E.19


Early purchase discount


Information on discounted purchase price for early purchasers of the crypto-asset - (pre-public sales) and in the case of discounted purchase price for some purchasers, an explanation as to why the purchase prices may be different and a description of the impact on the other investors


Free alphanumerical text




E.20


Time-limited offer


Indication whether the offer is time-limited


‘true’- Yes
‘false’ – No




E.21


Subscription period
beginning


For time-limited offers, the beginning of the subscription period during which the offer to the public is open


ISO 8601 date format (YYYY-MM-DD)




E.22


Subscription period end


For time-limited offers, the end of the subscription period during which the offer to the public is open


ISO 8601 date format (YYYY-MM-DD)




E.23


Safeguarding arrangements for offered funds/crypto-Assets


The arrangements to safeguard funds or other crypto-assets as referred to in Article 10 of Regulation (EU) 2023/1114 during the time-limited offer to the public or during the withdrawal period


Free alphanumerical text




E.24


Payment methods for crypto-asset purchase


Methods of payment to purchase the crypto-assets


Free alphanumerical text




E.25


Value transfer methods for reimbursement


Methods of transfer of the value to the purchasers when they are entitled to be reimbursed


Free alphanumerical text




E.26


Right of withdrawal


In the case of offers to the public , information on the right of withdrawal as referred to in Article 13 of Regulation (EU) 2023/1114


Free alphanumerical text




E.27


Transfer of purchased crypto-assets


Manner of transferring purchased crypto-assets to the holders


Free alphanumerical text




E.28


Transfer time schedule


Time schedule of transferring purchased crypto-assets to the holders


ISO 8601 date format (YYYY-MM-DD)




E.29


Purchaser's technical requirements


Information about technical requirements that the purchaser is required to fulfil to hold the crypto-assets


Free alphanumerical text




E.30


Crypto-asset service provider (CASP) name


Where applicable, the name of the crypto-asset service provider (CASP) in charge of the placing of crypto-assets


Free alphanumerical text




E.31


CASP identifier


The legal entity identifier of the crypto-asset service provider in charge of the placing of crypto-assets


{LEI}




E.32


Placement form


Where applicable, the form of the placement


‘WITH- with a firm commitment basis
‘WOUT’ - without a firm commitment basis
‘NTAV’ - Not applicable




E.33


Trading platforms name


Where applicable, the name of the trading platforms for crypto-assets where admission to trading is sought


Free alphanumerical text




E.34


Trading platforms
Market identifier code (MIC)


Segment MIC for the trading platform where the admission to trading of the crypto-assets is sought.


{MIC}




E.35


Trading platforms access


Where applicable, information about how investors can access the trading platforms


Free alphanumerical text




E.36


Involved costs


Where applicable, information about the costs involved in relation to the access of investors to the trading platforms


Free alphanumerical text




E.37


Offer expenses


Expenses related to the offer to the public of crypto-assets, in an official currency or any other crypto-assets. If more than one type of offer expense, expenses should be presented in a tabular format


Free alphanumerical text and Amount in monetary value {DECIMAL-18/3}




E.38


Conflicts of interest


Potential conflicts of interest of the persons involved in the offer to the public or admission to trading, arising in relation to the offer or admission to trading


Free alphanumerical text




E.39


Applicable law


The law applicable to the offer to the public of the crypto-asset


Drop-down list of applicable laws




E.40


Competent court


Competent court


Free alphanumerical text





Part F - Information about the crypto-assets





F.1


Crypto-asset type


The type of crypto-asset that will be offered to the public or for which admission to trading is sought


Free alphanumerical text




F.2


Crypto-asset functionality


A description of the functionality of the crypto-assets being offered or admitted to trading


Free alphanumerical text




F.3


Planned application of functionalities


Information about when the functionalities of the crypto-assets being offered or admitted to trading are planned to apply


Free alphanumerical text





A description of the characteristics of the crypto-asset, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in accordance with paragraph 8 of that Article





F.4


Type of crypto-asset white paper


The type of white paper notified


OTHR




F.5


The type of submission


Type of submission


NEWT = New
MODI = Modify
EROR = Error
CORR = Correction




F.6


Crypto-asset characteristics


A description of the characteristics of the crypto-asset


Free alphanumerical text




F.7


Commercial name or trading name


Field to be filled in only if a DTI is not provided in field F.13.
Commercial name or trading name of the issuer.


Free alphanumerical text




F.8


Website of the issuer


Website of the issuer


Free alphanumerical text




F.9


Starting date of offer to the public or admission to trading


Starting date or, if not available at the time of the notification by the competent authority, the intended starting date of offer to the public or admission to trading.


YYYY-MM-DD




F.10


Publication date


Effective or intended publication date of the crypto-asset white paper or of the modified white paper


YYYY-MM-DD




F.11


Any other services provided by the issuer


Any other services provided by the issuer not covered by Regulation (EU) 2023/1114, with a reference to the applicable Union or national legal acts regulating those services


Free alphanumerical text




F.12


Language or languages of the crypto-asset white paper


Language or languages in which the crypto-asset white paper is drafted
When multiple languages have been used, this field shall be reported as many times as necessary


Closed list of EU languages




F.13


Digital token identifier code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available


Code used to uniquely identify the crypto-asset or each of the several crypto assets to which the crypto-asset white paper relates, where available


ISO 24165 Digital Token Identifier




F.14


Functionally fungible group digital token identifier, where available


Code used to uniquely identify the functionally fungible group to which the digital asset belongs (i.e., common to each of the several assets to which the white paper relates, i.e. Code used to identify the white paper ISO 24165 DTI of type = 3 (i.e., functionally fungible group), where available


ISO 24165 FFG DTI




F.15


Voluntary data flag


Flag indicating the mandatory or voluntary nature of the crypto-asset white paper provided for in Article 4(8) of Regulation (EU) 2023/1114


‘true’ – voluntary
‘false’ – mandatory




F.16


Personal data flag


Flag indicating if the submitted white paper contains personal data


‘true’ – Yes
‘false’ – No




F.17


LEI eligibility


Indication that the issuer is eligible for a Legal Entity Identifier


‘true’ – eligible
‘false’ – not eligible




F.18


Home Member State


Home Member State as defined in Article 3(1), point (33), of Regulation (EU) 2023/1114


Closed list of EU Member States




F.19


Host Member States


Host Member State as defined in Article 3(1), point (34), of Regulation (EU) 2023/1114


Closed list of EU Member States





Part G - Information on the rights and obligations attached to the crypto-assets





G.1


Purchaser rights and obligations


A description of the rights and obligations, if any, of the purchaser


Free alphanumerical text




G.2


Exercise of rights and obligations


Procedure and conditions for the exercise of rights


Free alphanumerical text




G.3


Conditions for modifications of rights and obligations


Description of the conditions under which the rights and obligations may be modified


Free alphanumerical text




G.4


Future public offers


Where applicable, information on the future offers to the public of crypto-assets by the issuer


Free alphanumerical text




G.5


Issuer retained crypto-assets


Where applicable, information on the number of crypto-assets retained by the issuer itself


Numerical {INTEGER-n}




G.6


Utility token classification


Indication as to whether the offer to the public of crypto-assets or their admission to trading concerns utility tokens


‘true’ – Yes
‘false’ – No




G.7


Key features of goods/services of utility tokens


Information about the quality and quantity of goods or services to which the utility tokens give access


Free alphanumerical text




G.8


Utility tokens redemption


Only applicable if field G.6 is true.
Information on how utility tokens can be redeemed for goods or services to which they relate


Free alphanumerical text




G.9


Non-trading request


Indication whether an admission to trading is sought


‘true’ – sought
‘false’ – not sought




G.10


Crypto-assets purchase or sale modalities


Where an admission to trading is not sought, information on how and where the crypto-assets can be purchased or sold after the offer to the public


Free alphanumerical text




G.11


Crypto-assets transfer restrictions


Restrictions on the transferability of the crypto-assets that are being offered or admitted to trading


Free alphanumerical text




G.12


Supply adjustment protocols


Indication as to whether the crypto-asset has protocols for the increase or decrease of its supply in response to changes in demand


‘true’ – Yes
‘false’ – No




G.13


Supply adjustment mechanisms


Where the crypto-asset has protocols for the increase or decrease of its supply in response to changes in demand, a description of the functioning of such protocols


Free alphanumerical text




G.14


Token value protection schemes


Indication as to whether the crypto-asset has a protection scheme protecting the value of the crypto-asset


‘true’ – Yes
‘false’ – No




G.15


Token value protection schemes description


Where the field G.14 is true, a description of the protection schemes protecting the value of the crypto-assets


Free alphanumerical text




G.16


Compensation schemes


Indication as to whether the crypto-asset has a compensation scheme


‘true’ – Yes
‘false’ – No




G.17


Compensation schemes
description


Where the field G.16 is true, a description of the compensation schemes


Free alphanumerical text




G.18


Applicable law


The law applicable to the crypto-assets


Drop-down list of applicable laws




G.19


Competent court


Competent court


Free alphanumerical text





Part H – information on the underlying technology





H.1


Distributed ledger technology (DTL)


Field to be filled in only if a DTI is not provided in field F.13.
Information on the technology used, including distributed ledger technology


Free alphanumerical text




H.2


Protocols and technical standards


Information about protocols and technical standards used


Free alphanumerical text




H.3


Technology used


Other information on the technology used


Free alphanumerical text




H.4


Consensus mechanism


Information on the consensus mechanism, where applicable


Free alphanumerical text




H.5


Incentive mechanisms and applicable fees


Information on incentive mechanisms to secure transactions and any fees applicable


Free alphanumerical text




H.6


Use of distributed ledger technology


Indication as to whether the crypto-assets are issued, transferred and stored using distributed ledger technology that is operated by the issuer, the offeror or a third-party acting on their behalf


‘true’ – Yes, DLT operated by the issuer or a third-party acting on the issuer’s behalf
‘false’ – No, DLT not operated by the issuer or a third-party acting on the issuer’s behalf




H.7


DLT functionality description


If the DLT is operated by the issuer or a third party acting on the issuer’s behalf, a detailed description of the functioning of such distributed ledger technology


Free alphanumerical text




H.8


Audit


Indication as to whether an audit of the technology used was conducted


‘true’ – Yes
‘false’ – No




H.9


Audit outcome


If an audit was conducted, information on the outcome of the audit of the technology used


Free alphanumerical text




Part I – Information on risks




I.1


Offer-related risks


A description of the risks associated with the offer to the public of crypto-assets or their admission to trading


Free alphanumerical text




I.2


Issuer-related risks


A description of the risks associated with the issuer, if different from the offeror or person seeking admission to trading


Free alphanumerical text




I.3


Crypto-assets-related risks


A description of the risks associated with the crypto-assets


Free alphanumerical text




I.4


Project implementation-related risks


A description of the risks associated with project implementation


Free alphanumerical text




I.5


Technology-related risks


A description of the risks associated with the technology used


Free alphanumerical text




I.6


Mitigation measures


Mitigation measures of the risks associated with the technology, if any


Free alphanumerical text




Part J – Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts




J.1


Adverse impacts on climate and other environment-related adverse impacts


Information referred to Commission Delegated Regulation establishing technical standards adopted pursuant to Article 6(12), fourth subparagraph, Article 19(11), fourth subparagraph, Article 51(15), fourth subparagraph, and Article 66(6), fourth subparagraph of Regulation (EU) 2023/1114 of the European Parliament and of the Council


Free alphanumerical text








Table 3


Template for white papers for asset-referenced tokens









No


FIELD


CONTENT TO BE REPORTED


FORM AND STANDARDS




I.00


Table of contents


Table of contents


alphanumerical text




I.01


Date of notification


Date of notification


YYYY-MM-DD




I.02


Statement in accordance with Article 19(4), points (a) to (e), of Regulation (EU) 2023/1114



‘The asset-referenced token referred to in this crypto-asset white paper may lose its value in part or in full, may not always be transferable and may not be liquid.
The asset-refenced token referred to in this crypto-asset white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.’



Predefined alphanumerical text




I.03


Compliance statement in accordance with Article 19(5) of Regulation (EU) 2023/1114



‘This crypto-asset white paper complies with Title III of Regulation (EU) 2023/1114 of the European Parliament and of the Council and to the best of the knowledge of the management body, the information presented in this crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import.’



Predefined alphanumerical text





SUMMARY





I.04


Warning in accordance with Article 19(6), second subparagraph, of Regulation (EU) 2023/1114



‘Warning
This summary should be read as an introduction to the crypto-asset white paper.
The prospective holder should base any decision to purchase this asset-referenced token on the content of the crypto-asset white paper as a whole and not on the summary alone.
The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law.
This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law.’



Predefined alphanumerical text




I.05


Characteristics of the crypto-asset


A brief, clear and non-technical description of the characteristics of the asset-referenced token concerned in order to help prospective holders of that asset-referenced token make an informed decision


Free alphanumerical text




I.06


Right of redemption


‘The holders of asset-referenced tokens have a right of redemption at any time’
Description of the conditions for such redemption


Predefined alphanumerical text
Free alphanumerical text




I.07


Key information about the offer to the public and/or admission to trading


Key information about the offer to the public of the asset-referenced token or the intended admission to trading of the asset-referenced token


Free alphanumerical text





Part A – Information about the issuer of the asset-referenced token





A.1


Statutory name


Statutory name


Free alphanumerical text




A.2


Trading name


Trading name


Free alphanumerical text




A.3


Legal form


Field to be filled in only if an LEI is not provided in field A.7
Legal form


ISO standard 20275 ‘Financial Services – Entity Legal Forms (ELF)’




A.4


Registered address


Field to be filled in only if an LEI is not provided in field A.7
Address and country of registration


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




A.5


Head office


Field to be filled in only if an LEI is not provided in field A.7
Address and country of the Head office, where different than registered address


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




A.6


Registration date


Date of the registration


ISO 8601 date format (YYYY-MM-DD)




A.7


Legal entity identifier


Legal entity identifier of the issuer


{LEI}




A.8


Other identifier required pursuant to applicable national law


National identifier based on the nationality of the issuer, if required under the applicable national law.
This field only applies to entities for which a national identifieris required under applicable national law.


Free text




A.9


Parent company


Field to be filled in only if an LEI is not provided in field A.7
Where applicable, the name of the parent company


Free alphanumerical text




A.10


Members of the management body


Identity, business address and functions of each person that is member of the management body, as defined in Article 3(1), point (27), of Regulation (EU) 2023/1114, of the issuer


Free alphanumerical text presented in a tabular format




A.11


Business activity


Business or professional activity of the issuer,


Free alphanumerical text




A.12


Parent company business activity


Business or professional activity of the parent company (if applicable)


Free alphanumerical text




A.13


Newly established


Indication as to whether the issuer has been established for the past three years


‘true’ – Yes
‘false’ – No




A.14


Financial condition for the past three years


Financial condition of the issuer over the past three years.
This shall be assessed based on a fair review of the development and performance of the business of the issuer and of its position for each year and interim period for which historical financial information is required, including the causes of material changes.
The review shall be a balanced and comprehensive analysis of the development and performance of the business of the issuer and of its position, consistent with the size and complexity of the business.


Free alphanumerical text




A.15


Financial condition since registration


Where the issuer has not been established for the past three years, its financial condition since the date of its registration.
This shall be assessed based on a fair review of the development and performance of the business of the issuer and of its position for each year and interim period for which historical financial information is required, including the causes of material changes.
The review shall be a balanced and comprehensive analysis of the development and performance of the business of the issuer and of its position, consistent with the size and complexity of the business.


Free alphanumerical text




A.16


Governance arrangements


A detailed description of the issuer’s governance arrangements


Free alphanumerical text




A.17


Exemption from authorisation


Indication of whether the issuer of asset-referenced tokens is exempted from authorisation


‘NOEX’ – No exemption
‘EX17’ – Exemption in accordance with Article 17
‘EX16’ – Exemption in accordance with Article 16




A.18


Authorisation as issuer of asset-referenced token


If not exempted from authorisation, details about the authorisation as an issuer of an asset-referenced token


Free alphanumerical text




A.19


Authorisation authority


Name of the competent authority that granted the authorisation as issuer of asset-referenced tokens


Closed list of competent authorities – one per Member State




A.20


Competent authority for credit institutions


For credit institutions, name of the competent authority of the home Member State


Closed list of competent authorities – one per Member State




A.21


Issuance of other crypto-assets


Indication of whether the issuer of the asset-referenced token also issues other crypto-assets


‘true’ – Yes
‘false’ – No




A.22


Activities related to other crypto-assets


Indication of whether the issuer of the asset-referenced token also has activities related to other crypto-assets


‘true’ – Yes
‘false’ – No




A.23


Connection between the issuer and the entity running the DLT


Indication of whether there is any connection between the issuer and the entity running the distributed ledger technology used to issue the crypto-asset, including if the protocols are run or controlled by a person closely connected to the project participants


‘true’ – Yes
‘false’ – No




A.24


Description of the connection between the issuer and the entity running the DLT


Description of the connection between the issuer and entity running the distributed ledger technology used to issue the crypto-asset, including if the protocols are run or controlled by a person closely connected to the project participants


Free alphanumerical text




AA- information on other persons offering to the public or seeking admission to trading of asset-referenced tokens other than the issuer and on other persons drawing up the crypto-asset white paper in accordance with Article 19(1), second subparagraph, of Regulation (EU) 2023/1114




AA.1


Persons other than the issuer offering to the public or seeking admission to trading of the asset referenced token according to Article 19(1), second subparagraph, of Regulation (EU) 2023/1114


Where different from the issuer, indication of the identity of the person offering to the public or seeking admission to trading of the asset referenced token


{LEI}




AA.1.2


Persons other than the issuer offering to the public or seeking admission to trading of the asset referenced token according to Article 19(1), second subparagraph, of Regulation (EU) 2023/1114


Field to be filled in only if a legal entity identifier is not provided in field AA.1
National identifier based on the nationality of the person other than the issuer offering to the public or seeking admission to trading, if required under the applicable national law.
This field only applies to entities for which a national identifier is required in accordance with applicable national law.


Another identifier required pursuant to applicable national law




AA.2


Reason for offering to the public or seeking admission to trading the asset-referenced token by persons referred to in Article 19(1), second subparagraph, of Regulation (EU) 2023/1114


Where the offeror or the person seeking admission to trading is different from the issuer, reason for offering to the public or seeking admission to trading of the asset-referenced token


Free alphanumerical text




AA.3


Other persons drawing up the crypto-asset white paper according to Article 19(1), second subparagraph, of Regulation (EU) 2023/1114


Where different from the issuer, indication of the identity of the person drawing up the crypto-asset white paper


{LEI}




AA.3.1


Other persons drawing up the crypto-asset white paper according to Article 19(1), second subparagraph, of Regulation (EU) 2023/1114


Field to be filled in only if a legal entity identifier is not provided in field AA.3
National identifier based on the nationality of the person drawing up the crypto-asset white paper, if required under the applicable national law.
This field only applies to entities for which a national identifier is required in accordance with applicable national law.


Another identifier required pursuant to applicable national law




AA.4


Reason for drawing the white paper by persons referred to in Article 19(1), second subparagraph, of Regulation (EU) 2023/1114


Where the white paper is drawn up by a person different from the issuer, reason for drawing up the white paper


Free alphanumerical text





Part B - Information about the asset-referenced token





B.1


Asset-referenced token name


Field to be filled in only if a DTI is not provided in field B.15
Name of the asset-referenced token


Free alphanumerical text




B.2


Token abbreviation


Field to be filled in only if a DTI is not provided in field B.15
Abbreviation or ticker handler of the asset-referenced token


Free alphanumerical text




B.3


Details of all natural or legal persons involved in the operationalisation of the asset-referenced token


Details of advisors, development team, CASPs and all other natural or legal persons involved in the implementation of the crypto-asset project, including business addresses or domicile of the company


Free alphanumerical text presented in a tabular format




B.4


Third-party roles


A description of the role, responsibility and accountability of any third-party entities referred to in Article 34(5), first subparagraph, point (h), of Regulation (EU) 2023/1114


Free alphanumerical text presented in a tabular format




B.5


Plans for the token


Information about the plans for the asset-referenced tokens, including description of past and expected future milestones


Free alphanumerical text




B.6


Resource allocation


Where applicable, information about resources already allocated to the project


Free alphanumerical text





A description of the characteristics of the asset referenced token, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in accordance with paragraph 8 of that Article





B.7


Type of crypto-asset white paper


The type of white paper notified


ARTW




B.8


The type of submission


Type of submission


NEWT = New
MODI = Modify
EROR = Error
CORR = Correction




B.9


Crypto-asset characteristics


A description of the characteristics of the asset referenced token being offered or admitted to trading


Free alphanumerical text




B.10


Website of the issuer


Website of the issuer


Free alphanumerical text




B.11


Starting date of offer to the public or admission to trading


Starting date or, if not available at the time of the notification by the competent authority, the intended starting date of offer to the public or admission to trading


YYYY-MM-DD




B.12


Publication date


Effective or intended publication date of the white paper or of the modified white paper


YYYY-MM-DD




B.13


Any other services provided by the issuer


Any other services provided by the issuer not covered by Regulation (EU) 2023/1114, with a reference to the applicable Union or national legal acts regulating those services


Free alphanumerical text




B.14


Language or languages of the crypto-asset white paper


Language or languages in which the crypto-asset white paper is drafted
When multiple languages have been used, this field shall be reported as many times as necessary


Closed list of EU languages




B.15


Digital token identifier code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available


Code used to uniquely identify the crypto-asset or each of the several crypto assets to which the crypto-asset white paper relates, where available


ISO 24165 Digital Token Identifier




B.16


Functionally fungible group digital token identifier, where available


Code used to uniquely identify the functionally fungible group to which the digital asset belongs (i.e., common to each of the several assets to which the white paper relates, i.e. Code used to identify the white paper ISO 24165 DTI of type = 3 (i.e., functionally fungible group), where available


ISO 24165 FFG DTI




B.17


Personal data flag


Flag indicating if the submitted white paper contains personal data


‘true’ – Yes
‘false’ – No




B.18


LEI eligibility


Indication that the issuer is eligible for a Legal Entity Identifier


‘true’ – eligible
‘false’ – not eligible




B.19


Home Member State


Home Member State as defined in Article 3(1), point (33), of Regulation (EU) 2023/1114


Closed list of EU Member States




B.20


Host Member States


Host Member State as defined in Article 3(1), point (34), of Regulation (EU) 2023/1114


Closed list of EU Member States





Part C - Information about the offer to the public of the asset-referenced token or its admission to trading





C.1


Public offering or admission to trading


Indication as to whether the crypto-asset white paper concerns an offer to the public of the asset-referenced token or its admission to trading


‘OTPC’ - offer to the public
‘ATTR’ - admission to trading




C.2


Fundraising target


Where applicable, the amount that the offer to the public of the asset-referenced token intends to raise in funds in an official currency or in any other crypto-asset


Amount in monetary value {DECIMAL-18/3}
or
Numerical {INTEGER-n}




C.3


Minimum subscription goals


Where applicable, any minimum target subscription goals set for the offer to the public of the asset-referenced token in an official currency or any other crypto-assets


Amount in monetary value {DECIMAL-18/3}
or
Numerical {INTEGER-n}




C.4


Maximum subscription goals


Where applicable, any maximum target subscription goals set for the offer to the public of the asset-referenced token in an official currency or any other crypto-assets


Amount in monetary value {DECIMAL-18/3}
or
Numerical {INTEGER-n}




C.5


Oversubscription acceptance


Indication whether oversubscriptions are accepted


‘true’- Yes
‘false’ - No
‘NTAV’ - Not applicable




C.6


Oversubscription allocation


Where oversubscriptions are accepted, description of how they are allocated


Free alphanumerical text




C.7


Token offering/trading quantity


Where applicable, the total number of units of the asset-referenced token to be offered or admitted to trading


Numerical {DECIMAL-18/3}




C.8


Targeted holders


Indication of the prospective holders targeted by the offer to the public of the asset-referenced token or admission of such asset-referenced token to trading


‘RETL’ – retail investors
‘PROF’ – professional investors




C.9


Holder restrictions


Indication of any restriction as regards the type of holders for the asset-referenced token


Free alphanumerical text




C.10


Reimbursement notice


‘Purchasers participating in the offer to the public of this asset-referenced token will be able to be reimbursed if the minimum target subscription goal is not reached at the end of the offer to the public, if they exercise the right to withdrawal provided for in Article 13 of Regulation (EU) 2023/1114 of the European Parliament and of the Council or if the offer is cancelled’


Predefined alphanumerical text




C.11


Refund timeline


Expected timeline of when such refunds will be completed


Free alphanumerical text




C.12


Explicit consequences


Description of the consequences of exceeding a maximum target subscription goal


Free alphanumerical text




C.13


Offer phases


Information about the various phases of the offer to the public of the asset-referenced token


Free alphanumerical text




C.14


Early purchase discount


Information on discounted purchase price for early purchasers of the asset-referenced token (pre-public sales) and in the case of discounted purchase price for some purchasers, an explanation as to why the purchase prices may be different and a description of the impact on the other investors


Free alphanumerical text




C.15


Time-limited offer


Indication whether the offer is time-limited


‘true’- Yes
‘false’ – No




C.16


Subscription period beginning


For time-limited offers, the beginning of the subscription period during which the offer to the public is open


ISO 8601 date format (YYYY-MM-DD)




C.17


Subscription period end


For time-limited offers, the end of the subscription period during which the offer to the public is open


ISO 8601 date format (YYYY-MM-DD)




C.18


Token purchase/redemption payment


Methods of payment to purchase and to redeem the asset-referenced token offered


Free alphanumerical text




C.19


Token transfer


Information on the method and time schedule of transferring the purchased asset-referenced token to the holders


Free alphanumerical text




C.20


Purchasers technical requirements


Information about technical requirements that the purchaser is required to fulfil to hold the asset-referenced token


Free alphanumerical text




C.21


CASP name


Where applicable, the name of the crypto-asset service provider in charge of the placing of asset-referenced tokens


Free alphanumerical text




C.22


CASP identifier


The legal entity identifier of the crypto-asset service provider in charge of the placing of asset-referenced tokens


{LEI}




C.23


Placement form


Where applicable, the form of such placement (with or without a firm commitment basis)


‘WITH- with a firm commitment basis
‘WOUT’ - without a firm commitment basis
‘NTAV’ - Not applicable




C.24


Trading platforms name


Where applicable, the name of the trading platforms for crypto-assets where admission to trading is sought


Free alphanumerical text




C.25


Trading platforms market identifier code (MIC)


Segment MIC for the trading platform operated by the CASP, where available, otherwise operating MIC.


{MIC}




C.26


Trading platforms access


Where applicable, information about how investors can access such trading platforms


Free alphanumerical text




C.27


Involved costs


Where applicable, information about the costs involved for accessing the trading platform for investors


Free alphanumerical text




C.28


Offer expenses


Expenses related to the offer to the public of the asset-referenced token, in an official currency or any other crypto-assets. If more than one type of expense, expenses should be presented in a tabular format.


Free alphanumerical text and Numerical {DECIMAL-18/3} presented in tabular format




C.29


Conflicts of interest


Potential conflicts of interest of the persons involved in the offer to the public or admission to trading, arising in relation to the offer or admission to trading


Free alphanumerical text




C.30


Applicable law


The law applicable to the offer to the public of the asset-referenced token


Drop-down list of applicable laws




C.31


Competent court


Competent court


Free alphanumerical text





Part D - Information on the rights and obligations attached to the asset-referenced token





D.1


Token functionalities


A description of the functionality of the asset-referenced token being offered or admitted to trading


Free alphanumerical text




D.2


Planned functionalities use


Information about when the functionalities are planned to apply


ISO 8601 date format (YYYY-MM-DD)




D.3


Purchaser rights and Obligations


A description of the rights and obligations, if any, of the purchaser


Free alphanumerical text




D.4


Rights exercise procedure


A description of the procedure and conditions for the exercise of those rights


Free alphanumerical text




D.5


Conditions for modifications of rights and obligations


A description of the conditions under which the rights and obligations may be modified


Free alphanumerical text




D.6


Future public offers


Where applicable, information on the future offers to the public of the asset-referenced token by the issuer


Free alphanumerical text




D.7


Issuer retained units


Where applicable, information on the number of units of the asset-referenced token retained by the issuer itself


Numerical {INTEGER-n}




D.8


Non-trading request


Indication as to whether an admission to trading is sought


‘true’ –sought
‘false’ – not sought




D.9


Token purchase or sale modalities


Where an admission to trading is not sought, information on how and where the asset-referenced token can be purchased or sold after the offer to the public


Free alphanumerical text




D.10


Token transfer restrictions


Any restrictions on the transferability of the asset-referenced token that is being offered or admitted to trading


Free alphanumerical text




D.11


Supply adjustment protocols


Indication as to whether the asset-referenced token has protocols for the increase or decrease of their supply in response to changes in demand


‘true’ – Yes
‘false’ – No




D.12


Supply adjustment mechanisms


Where the asset-referenced token has protocols for the increase or decrease of their supply in response to changes in demand, a description of the functioning of such protocols


Free alphanumerical text




D.13


Token value protection Schemes


Indication as to whether the asset-referenced token has a protection scheme protecting the value of the asset-referenced token


‘true’ – Yes
‘false’ – No




D.14


Token value protection schemes description


Where yes in the field D.13, a description of the protection schemes protecting the value of the asset-referenced token


Free alphanumerical text




D.15


Compensation schemes


Indication as to whether the asset-referenced token has a compensation scheme


‘true’ – Yes
‘false’ – No




D.16


Compensation schemes description


Where yes in the field D.15, a description of compensation schemes


Free alphanumerical text




D.17


Nature and enforceability of rights


Information on the nature and enforceability of rights, including permanent rights of redemption and any claims that holders and any legal or natural person as referred to in Article 39(2) of Regulation (EU) 2023/1114, may have against the issuer, including information on how such rights will be treated in the case of insolvency procedures and whether different rights are allocated to different holders and the non-discriminatory reasons for such different treatment


Free alphanumerical text




D.18


Referenced assets description


Detailed description of the claim that the asset-referenced token represents for holders, including a description of each referenced asset including the ISIN code where available and specified proportions of each of those assets


Free alphanumerical text presented in a tabular format
{ISIN} where applicable




D.19


Referenced assets proportions


Description of the amount of the claim and the reserve of asset


Free alphanumerical text




D.20


Value-claim-reserve interrelation


Relation between the value of the referenced assets and the amount of the claim and the reserve of assets


Free alphanumerical text




D.21


Transparent claim valuation


Description how a fair and transparent valuation of components of the claim is undertaken, which identifies, where relevant, independent parties


Free alphanumerical text




D.22


Other details about the claim the asset referenced token represents over referenced assets


Additional details describing the claim that the asset-referenced token represents for the holders


Free alphanumerical text




D.23


Liquidity arrangements


Where applicable, information on the arrangements put in place by the issuer to ensure the liquidity of the asset-referenced token


Free alphanumerical text




D.24


Liquidity providers


Where applicable, the name of the entities in charge of ensuring liquidity


Free alphanumerical text




D.25


Complaint submission contact


Contact details for submitting complaints


Free alphanumerical text




D.26


Complaints handling procedures


Description of the complaints-handling procedures


Free alphanumerical text




D.27


Dispute resolution mechanism


Description of any dispute resolution mechanism or redress procedure established by the issuer of the asset-referenced token


Free alphanumerical text




D.28


Holder rights in default or insolvency


A description of the rights of the holders when the issuer is not able to fulfil its obligations, including in insolvency


Free alphanumerical text




D.29


Rights in recovery plan implementation


A description of the rights in the context of the implementation of the recovery plan


Free alphanumerical text




D.30


Rights in redemption plan implementation


A description of the rights in the context of the implementation of the redemption plan


Free alphanumerical text




D.31


Redemption form


Detailed information on how the asset-referenced token is redeemed


Free alphanumerical text




D.32


Redemption form options


Indication whether the holder will be able to choose the form of redemption


‘true’ – Yes
‘false’ – No




D.33


Transference form options


Indication as to whether the holder will be able to choose the form of transference


‘true’ – Yes
‘false’ – No




D.34


Form of transference


Form of transference


Free alphanumerical text




D.35


Redemption currency


The official currency of redemption


{CURRENCYCODE_3}




D.36


Applicable law


The law applicable to the asset-referenced token


Drop-down list of applicable laws




D.37


Competent court


Competent court


Free alphanumerical text





Part E - Information on the underlying technology





E.1


Distributed ledger technology


Fill in the field only if a DTI is not provided in field B.15
Information on the distributed ledger technology


Free alphanumerical text




E.2


Protocols and technical standards


Information on the protocols and technical standards used, allowing for the holding, storing and transfer of the asset-referenced token


Free alphanumerical text




E.3


Technology used


Other information on the technology used allowing for the holding, storing and transfer of asset-referenced tokens, if relevant


Free alphanumerical text




E.4


Consensus mechanism


The consensus mechanism, where applicable


Free alphanumerical text




E.5


Incentive mechanisms and applicable fees


Incentive mechanisms to secure transactions and any fees applicable


Free alphanumerical text




E.6


Use of distributed ledger technology


Indication as to whether the asset-referenced tokens are issued, transferred and stored using distributed ledger technology that is operated by the issuer or a third-party acting on the issuer’s behalf


‘true’ – Yes, DLT operated by the issuer or a third-party acting on the issuer’s behalf
‘false’ – No, DLT not operated by the issuer or a third-party acting on the issuer’s behalf




E.7


DLT functionality description


If the DLT is operated by the issuer or a third party acting on the issuer’s behalf, a detailed description of the functioning of such distributed ledger technology


Free alphanumerical text




E.8


Audit


Indication as to whether an audit of the technology used was conducted


‘true’ – Yes
‘false’ – No




E.9


Audit outcome


If an audit was conducted, information on the outcome of the audit of the technology used


Free alphanumerical text





Part F - Information on the risks





F.1


Risks related to Asset Reserve


The risks related to the reserve of assets, when the issuer is not able to fulfil its obligations


Free alphanumerical text




F.2


Issuer-related risks


A description of the risks associated with the issuer of the asset-referenced token


Free alphanumerical text




F.3


Offer-related risks


A description of the risks associated with the offer to the public of the asset-referenced token or its admission to trading


Free alphanumerical text




F.4


Token-related risks


Description of the risks associated with the asset-referenced token, in particular with regard to the asset referenced


Free alphanumerical text




F.5


Risks related to operationalisation of the asset-referenced Token project


A description of the risks associated with the operationalisation of the asset-referenced token project


Free alphanumerical text




F.6


Technology-related risks


Description of the risks associated with the technology used


Free alphanumerical text




F.7


Mitigation measures


Mitigation measures of the risks associated with the technology used, if any


Free alphanumerical text





Part G - Information on the reserve of assets





G.1


Value alignment mechanism


Detailed description of the mechanism aimed at aligning the value of the reserve of assets with the claim associated with the asset-referenced token, including legal and technical aspects


Free alphanumerical text




G.2


Asset reserve description


Detailed description of the reserve of assets and their composition


Free alphanumerical text




G.3


Token issuance and redemption mechanisms


A description of the mechanisms through which asset-referenced tokens are issued and redeemed


Free alphanumerical text




G.4


Investment of reserve of assets


Information on whether a part of the reserve assets are invested


‘true’ – Yes
‘false’ – No




G.5


Reserve asset investment policy


If a part of the reserve assets are invested, a description of the investment policy for the reserve assets


Free alphanumerical text




G.6


Reserve asset custody arrangements


Description of the custody arrangements for the reserve assets, including their segregation


Free alphanumerical text




G.7


Custodian service providers


Name of crypto-asset service providers providing custody and administration of crypto-assets on behalf of clients, credit institutions, or investment firms appointed as custodians of the reserve assets


Free alphanumerical text




G.8


Custodian service providers


LEI of the CASP providing custody and administration of crypto-assets on behalf of clients, credit institutions, or investment firms appointed as custodians of the reserve assets


{LEI}





Part H – Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts





H.1


Adverse impacts on climate and other environment-related adverse impacts


Include information referred to Commission Delegated Regulation establishing technical standards adopted pursuant to Article 6(12), fourth subparagraph, Article 19(11), fourth subparagraph, Article 51(15), fourth subparagraph, and Article 66(6), fourth subparagraph of Regulation (EU) 2023/1114 of the European Parliament and of the Council


Free alphanumerical text








Table 4


Template for white papers for e-money tokens









No


FIELD


CONTENT TO BE REPORTED


FORM AND STANDARDS TO BE USED FOR REPORTING




I.00


Table of contents


Table of contents


Alphanumerical text




I.01


Date of notification


Date of notification


YYYY-MM-DD




I.02


Statement in accordance with Article 51(3) of Regulation (EU) 2023/1114



‘This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The issuer of the crypto-asset is solely responsible for the content of this crypto-asset white paper.’



Predefined alphanumerical text




I.03


Compliance statement in accordance with Article 51(5) of Regulation (EU) 2023/1114



‘This crypto-asset white paper complies with Title IV of Regulation (EU) 2023/1114 of the European Parliament and of the Council and to the best of the knowledge of the management body, the information presented in this crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import.’



Predefined alphanumerical text




I.04


Warning in accordance with Article 51(4), points (a) and (b), of Regulation (EU) 2023/1114



‘This e-money token is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.’



Predefined alphanumerical text





SUMMARY





I.05


Warning in accordance with Article 51(6), second subparagraph of Regulation (EU) 2023/1114



‘Warning
This summary should be read as an introduction to the crypto-asset white paper.
The prospective holder should base any decision to purchase this e-money token on the content of the crypto-asset white paper as a whole and not on the summary alone.
The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and that any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law.
This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law.’



Predefined alphanumerical text




I.06


Characteristics of the crypto-asset


A brief, clear and non-technical description of the characteristics of the crypto-assets concerned in order to help prospective holders of the crypto-asset make an informed decision


Free alphanumerical text




I.07


Right of redemption


‘The holders of this e-money token have a right of redemption at any time and at par value.’
Description of the conditions for such redemption.


Predefined alphanumerical text
Free alphanumerical text




I.08


Key information about the offer and/ or admission to trading


Key information about the offer to the public of the e-money token or the intended admission to trading of such e-money token.


Free alphanumerical text





Part A- Information about the issuer of the e-money token





A.1


Statutory name


Statutory Name


Free alphanumerical text




A.2


Trading name


Trading Name


Free alphanumerical text




A.3


Legal form


Fill in the field only if LEI is not provided in field A.7. Legal form


ISO standard 20275 ‘Financial Services – Entity Legal Forms (ELF)’




A.4


Registered address


Fill in the field only if LEI is not provided in field A.7. Address and country of registration


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




A.5


Head office


Fill in the field only if LEI is not provided in field A.7. Address and country of the Head office, where different than registered address


ISO standard 3166-1 alpha 2 country codes and codes for their subdivisions
and
Free alphanumerical text




A.6


Registration date


Date of the registration


ISO 8601 date format (YYYY-MM-DD)




A.7


Legal entity identifier


Legal entity identifier of the issuer, where available


{LEI}




A.8


Another identifier required pursuant to applicable law


National identifier based on the nationality of the issuer, if required under the applicable national law.
This field only applies to entities for which a national identifier is required under applicable national law.


Free text




A.9


Contact telephone number


Contact telephone number of the issuer


Free alphanumerical text




A.10


E-mail address


E-mail address of the issuer


Free alphanumerical text




A.11


Response time (days)


Period of days within which an investor via that telephone number or email address will receive an answer


{DURATION}




A.12


Parent company


Fill in the field only if an LEI is not provided in field A.7. Where applicable, the name of the parent company


Free alphanumerical text




A.13


Members of the management body


Identity, business address and functions of persons (names or other identifiers) within the management body, as defined in Article 3(1), point (27), of Regulation (EU) 2023/1114, of the issuer


Free alphanumerical text presented in a tabular format




A.14


Business activity


Business or professional activity of the issuer, including principal activities and principal markets


Free alphanumerical text




A.15


Parent company business activity


Business or professional activity of the parent company (if applicable), including principal activities and principal markets


Free alphanumerical text




A.16


Conflicts of interest disclosure


Potential conflicts of interest


Free alphanumerical text




A.17


Issuance of other crypto-assets


Indication of whether the issuer of the e-money token also issues other crypto-assets


‘true’ – Yes
‘false’ – No




A.18


Activities related to other crypto-assets


Indication of whether the issuer of the e-money token also has activities related to other crypto-assets.


‘true’ – Yes
‘false’ – No




A.19


Connection between the issuer and the entity running the DLT


Indication of whether there is any connection between the issuer and the entity running the distributed ledger technology used to issue the crypto-asset, including if the protocols are run or controlled by a person closely connected to the project participants


‘true’ – Yes
‘false’ – No




A.20


Description of the connection between the issuer and the entity running the DLT


Description of the connection between the issuer and entity running the distributed ledger technology used to issue the crypto-asset, including if the protocols are run or controlled by a person closely connected to the project participants


Free alphanumerical text




A.21


Newly established


Indication as to whether the issuer has been established for the past three years


‘true’ – Yes
‘false’ – No




A.22


Financial condition for the past three years


Financial condition of the issuer over the past three years.
This shall be assessed based on a fair review of the development and performance of the business of the issuer and of its position for each year and interim period for which historical financial information is required, including the causes of material changes.
The review shall be a balanced and comprehensive analysis of the development and performance of the business of the issuer and of its position, consistent with the size and complexity of the business.
The analysis shall include both financial and, where appropriate, non-financial Key Performance Indicators relevant to the particular business.
The analysis shall, where appropriate, include references to, and additional explanations of, amounts reported in the annual financial statements (when available), information regarding unusual or infrequent events or new developments, materially affecting the income from operations and indicate the extent to which income was so affected, information concerning capital resources (both short term and long term) and an explanation of the sources and amounts of and a narrative description of the cash flows.


Free alphanumerical text




A.23


Financial condition since registration


Where the issuer has not been established for the past three years, its financial condition since the date of its registration.
This shall be assessed based on a fair review of the development and performance of the business of the issuer and of its position for each year and interim period for which historical financial information is required, including the causes of material changes.
The review shall be a balanced and comprehensive analysis of the development and performance of the business of the issuer and of its position, consistent with the size and complexity of the business.
The analysis shall include both financial and, where appropriate, non-financial Key Performance Indicators relevant to the particular business.
The analysis shall, where appropriate, include references to, and additional explanations of, amounts reported in the annual financial statements (when available), information regarding unusual or infrequent events or new developments, materially affecting the income from operations and indicate the extent to which income was so affected, information concerning capital resources (both short term and long term) and an explanation of the sources and amounts of and a narrative description of the cash flows.


Free alphanumerical text




A.24


Exemption from authorisation


Indication of whether the issuer of e-money token is exempted from authorisation in accordance with Article 48(4) and (5) of Regulation (EU) 2023/1114


‘true’ – Yes
‘false’ – No




A.25


E-money token authorisation


If not exempted from authorisation in accordance with Article 48(4) and (5) of Regulation (EU) 2023/1114, details about the authorisation as an issuer of an e-money token


Free alphanumerical text




A.26


Authorisation authority


Name of the competent authority that granted the authorisation


Closed list of competent authorities – one per Member State




A.27


Persons other than the issuer offering to the public or seeking admission to trading of the e-money token in accordance with Article 51(1), second subparagraph, of Regulation (EU) 2023/1114


Where different from the issuer, indication of the identity of the person offering to the public or seeking admission to trading of the e-money token


{LEI}




A.28


Persons other than the issuer offering to the public or seeking admission to trading of the e-money token in accordance with Article 51(1), second subparagraph, of Regulation (EU) 2023/1114


Field to be filled in only if a legal entity identifier is not provided in field A.27
National identifier based on the nationality of the person other than the issuer offering to the public or seeking admission to trading of the e-money token, if required under the applicable national law.
This field only applies to entities for which a national identifier is required in accordance with applicable national law.


Another identifier required pursuant to applicable national law




A.29


Reason for offering to the public or seeking admission to trading of the e-money token by persons referred to in Article 51(1), second subparagraph, of Regulation (EU) 2023/1114


Where the offeror or the person seeking admission to trading is different from the issuer, reason for offering to the public or seeking admission to trading of the e-money token


Free alphanumerical text





Part B - Information about the e-money token





B.1


Name


Field to be filled in only if a DTI is not provided in field B.12
e-money token name


Free alphanumerical text




B.2


Abbreviation


Field to be filled in only if a DTI is not provided in field B.12
e-token abbreviation


Free alphanumerical text




B.3


Details of all natural or legal persons involved in design and development


Details of advisors, development team members, CASPs and all natural and legal persons involved in the design and development of the crypto-asset project, including business addresses or domicile of the company, presented in a tabular format


Free alphanumerical text presented in a tabular format





B. A description of the characteristics of the e-money token, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109, as specified in accordance with paragraph 8 of that Article





B.4


Type of white paper


The type of white paper notified.


EMTW




B.5


The type of submission


Type of submission


NEWT = New
MODI = Modify
EROR = Error
CORR = Correction




B.6


Crypto-asset characteristics


A description of the characteristics of the e-money token


Free alphanumerical text




B.7


Website of the issuer


Website of the issuer


Free alphanumerical text




B.8


Starting date of offer to the public or admission to trading


Starting date or, if not available at the time of the notification by the competent authority, the intended starting date of offer to the public or admission to trading.


YYYY-MM-DD




B.9


Publication date


Effective or intended publication date of the white paper or of the modified white paper


YYYY-MM-DD




B.10


Any other services provided by the issuer


Any other services provided by the issuer not covered by Regulation (EU) 2023/1114, with a reference to the applicable Union or national legal acts regulating those services


Free alphanumerical text




B.11


Language or languages of the white paper


Language or languages in which the crypto-asset white paper is drafted
When multiple languages have been used, this field shall be reported as many times as necessary


Closed list of EU languages




B.12


Digital token identifier code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available


Code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available


ISO 24165 Digital Token Identifier




B.13


Functionally fungible group digital token identifier, where available


Code used to uniquely identify the functionally fungible group to which the digital asset belongs (i.e., common to each of the several assets to which the white paper relates, i.e. Code used to identify the white paper ISO 24165 DTI of type = 3 (i.e., functionally fungible group), where available


ISO 24165 FFG DTI




B.14


Personal data flag


Flag indicating if the submitted white paper contains personal data


‘true’ – Yes
‘false’ – No




B.15


LEI eligibility


Indication that the issuer is eligible for a Legal Entity Identifier


‘true’ – eligible
‘false’ – not eligible




B.16


Home Member State


Home Member State as defined in Article 3(1), point 33, of Regulation (EU) 2023/1114


Closed list of EU Member States




B.17


Host Member States


Host Member State as defined in Article 3(1), point (34), of Regulation (EU) 2023/1114


Closed list of EU Member States





Part C - Information about the offer to the public of the e-money token or its admission to trading





C.1


Public offering or trading


Indication as to whether the crypto-asset white paper concerns an offer to the public of the e-money token or an admission to its trading


‘OTPC’ – offer to the public
‘ATTR’ – admission to trading




C.2


Number of units


Where applicable, the total number of units of the e-money token to be offered to the public or admitted to trading


Numerical {DECIMAL-18/3}




C.3


Trading platforms name


Where applicable, the name of the trading platforms for crypto-assets where admission to trading is sought


Free alphanumerical text




C.4


Trading platforms market identifier code (MIC)


Segment MIC for the trading platform operated by the CASP, where available, otherwise operating MIC


{MIC}




C.5


Applicable law


The law applicable to the offer to the public of the e-money token


Drop-down list of applicable laws




C.6


Competent court


Competent court


Free alphanumerical text





Part D - Information on the rights and obligations attached to e-money tokens





D.1


Holder’s rights and obligations


A detailed description of the rights and obligations, if any, that the holder of the e-money token has, including the right of redemption at par value as well as the procedure and conditions for the exercise of those rights


Free alphanumerical text




D.2


Conditions of modifications of rights and obligations


Description of the conditions under which the rights and obligations may be modified


Free alphanumerical text




D.3


Description of the rights of the holders


Description of the rights of the holders when the issuer is not able to fulfil its obligations, including in insolvency


Free alphanumerical text




D.4


Rights in implementation of recovery plan


Description of rights in the context of the implementation of the recovery plan


Free alphanumerical text




D.5


Rights in implementation of redemption plan


Description of the rights in the context of the implementation of the redemption plan


Free alphanumerical text




D.6


Complaint submission contact


Contact details for submitting complaints


Free alphanumerical text




D.7


Complaints handling procedures


Description of the complaints-handling procedures


Free alphanumerical text




D.8


Dispute resolution mechanism


Description of any dispute resolution mechanism or redress procedure established by the issuer of the e-money token


Free alphanumerical text




D.9


Token value protection schemes


Indication as to whether the crypto-asset has a protection scheme protecting the value of the crypto-asset


‘true’ – Yes
‘false’ – No




D.10


Token value protection schemes description


Where field D.9 is true, a description of protection schemes protecting the value of the crypto-asset and of compensation schemes


Free alphanumerical text




D.11


Compensation schemes


Indication as to whether the crypto-asset has a compensation scheme


‘true’ – Yes
‘false’ – No




D.12


Compensation schemes
Description


Where field D.11 is true, a description of compensation schemes


Free alphanumerical text




D.13


Applicable law


The law applicable to the e-money token


Drop-down list of applicable laws




D.14


Competent court


Competent court


Free alphanumerical text





Part E - Information on the underlying technology





E.1


Distributed ledger technology


Field to be filled in only if a DTI is not provided in field B.13
Information on the distributed ledger technology


Free alphanumerical text




E.2


Protocols and technical standards


Information on the protocols and technical standards used, allowing for the holding, storing and transfer of e-money token


Free alphanumerical text




E.3


Technology used


Other information on the technology used allowing for the holding, storing and transfer of e-money tokens, if relevant


Free alphanumerical text




E.4


Purchaser’s technical requirements


Information about the technical requirements that the purchaser has to fulfil to gain control over the e-money token


Free alphanumerical text




E.5


Consensus mechanism


The consensus mechanism, where applicable


Free alphanumerical text




E.6


Incentive mechanisms and applicable fees


Incentive mechanisms to secure transactions and any fees applicable


Free alphanumerical text




E.7


Use of distributed ledger technology


Indication as to whether the e-money tokens are issued, transferred and stored using distributed ledger technology that is operated by the issuer or a third-party acting on the issuer’s behalf


‘true’ – Yes, DLT operated by the issuer or a third-party acting on the issuer’s behalf
‘false’ – No, DLT not operated by the issuer or a third-party acting on the issuer’s behalf




E.8


DLT functionality description


If the DLT is operated by the issuer or a third party acting on the issuer’s behalf, a detailed description of the functioning of such distributed ledger technology


Free alphanumerical text




E.9


Audit


Indication as to whether an audit of the technology used was conducted


‘true’ – Yes
‘false’ – No




E.10


Audit outcome


If an audit was conducted, information on the outcome of the audit of the technology used


Free alphanumerical text





Part F - Information on the risks





F.1


Issuer-related risks


A description of the risks associated with the issuer of the e-money token


Free alphanumerical text




F.2


Token-related risks


A description of the risks associated with the e-money token


Free alphanumerical text




F.3


Technology-related risks


Description of the risks associated with the technology used


Free alphanumerical text




F.4


Mitigation measures


Mitigation measures of the risks associated with the technology used, if any


Free alphanumerical text





Part G – Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts





G.1


Adverse impacts on climate and other environment-related adverse impacts


Include the information referred to Commission Delegated Regulation establishing technical standards adopted pursuant to Article 6(12), fourth subparagraph, Article 19(11), fourth subparagraph, Article 51(15), fourth subparagraph, and Article 66(6), fourth subparagraph of Regulation (EU) 2023/1114 of the European Parliament and of the Council


Free alphanumerical text







ELI: http://data.europa.eu/eli/reg_impl/2024/2984/oj
ISSN 1977-0677 (electronic edition)