> For the complete documentation index, see [llms.txt](https://www.headlesslaw.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.headlesslaw.com/definitions/mica/electronic-money.md).

# electronic money

*In force · MiCA Article 3(1), point (44) · Regulation (EU) 2023/1114, OJ L 150, 9.6.2023 · Not yet verified against the official text ·* [*Official source*](https://eur-lex.europa.eu/eli/reg/2023/1114/oj/eng)

### Definition

> **(44)** '[**electronic money**](/definitions/emd/electronic-money.md)' means electronic money as defined in Article 2, point (2), of [Directive 2009/110/EC](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02009L0110-20180113);

### Source

[MiCA, Article 3(1), point (44)](https://www.headlesslaw.com/mica/articles/3).

### Imported Definition

MiCA imports this definition from EMD2.

> (2) 'electronic money' means electronically, including magnetically, stored monetary value as represented by a claim on the [issuer](/definitions/mica/issuer.md) which is issued on receipt of [funds](/definitions/mica/funds.md) for the purpose of making payment transactions as defined in point 5 of Article 4 of Directive 2007/64/EC, and which is accepted by a natural or legal person other than the electronic money issuer;

Open EMD2 definition page

### Definition Chain

1. MiCA Article 3(1), point (44)
2. EMD2 Article 2, point (2)

### Used In MiCA

* [Article 24](https://www.headlesslaw.com/mica/articles/24)
* [Article 39](https://www.headlesslaw.com/mica/articles/39)
* [Article 48](https://www.headlesslaw.com/mica/articles/48)
* [Article 49](https://www.headlesslaw.com/mica/articles/49)
* [Article 57](https://www.headlesslaw.com/mica/articles/57)
* [Article 58](https://www.headlesslaw.com/mica/articles/58)
* [Article 140](https://www.headlesslaw.com/mica/articles/140)
* [Article 141](https://www.headlesslaw.com/mica/articles/141)
* [Article 146](https://www.headlesslaw.com/mica/articles/146)
* [Article 59](https://www.headlesslaw.com/mica/articles/59)
* [Article 60](https://www.headlesslaw.com/mica/articles/60)
* [Article 63](https://www.headlesslaw.com/mica/articles/63)
* [Article 64](https://www.headlesslaw.com/mica/articles/64)
* [Article 70](https://www.headlesslaw.com/mica/articles/70)
* [Article 109](https://www.headlesslaw.com/mica/articles/109)
* [Article 117](https://www.headlesslaw.com/mica/articles/117)