{"release":{"id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","published":"2026-11-10T16:06:46Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2023-06-09","gaps":[],"covered":["MiCA L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"2d86bd12ba77a288053b34ea2517324b92d03c8039b7f5d156fa4002421384a1","release_published":"2026-11-10T16:06:46Z","checked_at":"2026-11-09","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mica/articles/11","url":"https://www.headlesslaw.com/mica/articles/11","title":"Article 11 — Rights of offerors and persons seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens","family":"l1_hand","work_id":"mica","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-11","applies_from":"2024-12-30","application":{"state":"applicable","next":null,"dates":[{"at":"2024-12-30","note":"Article 149(2)"}]},"version_label":"Consolidated version of 9 January 2024","check":{"against":"EUR-Lex","on":"2026-11-09"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109","valid_from":"2024-01-09","valid_until":null,"revision":1,"content_id":"1abbc5895cfad3af","change_date":null,"nearest_versions":["2023-06-09","2024-01-09"],"first_text_date":"2023-05-31","correction_applies":false,"versions":["2023-06-09","2024-01-09"],"version_url":"https://www.headlesslaw.com/mica/articles/11/versions/2024-01-09","revision_url":"https://www.headlesslaw.com/mica/articles/11/versions/2024-01-09/rev/1abbc5895cfad3af","versions_url":"https://www.headlesslaw.com/mica/articles/11/versions","relations_url":"https://www.headlesslaw.com/mica/articles/11/relations","source_line":null,"attribution":null},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109","check":{"result":"matched","checked_at":"2026-11-09","against":"EUR-Lex"},"repo_path":null,"body_sha256":"47fc11541a1be9fea943cc1cde680e6ac5806220e43243eed5c5b19a082ce1b3","markdown_sha256":"ca41e444aed2fa3bf5c00ce856e7b5f8e1f2d25e5efaa999f9ca2abda876b083"},"units":[{"locator":"mica/art/11","kind":"article","status":"in_force","label":null,"heading":"Rights of offerors and persons seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"mica/art/11/para/1","kind":"paragraph","status":"in_force","label":"1.","heading":null,"text":"After publication of the crypto-asset white paper in accordance with Article 9 and, where applicable, of the modified crypto-asset white paper in accordance with Article 12, offerors may offer crypto-assets other than asset-referenced tokens or e-money tokens throughout the Union and such crypto-assets may be admitted to trading on a trading platform for crypto-assets in the Union.","marks":[],"revision":1,"text_hash":"5ec55e26547eb007529066781ec2213a4c91cdfce5b7dd82bac393f8464b1033","reason":null},{"locator":"mica/art/11/para/2","kind":"paragraph","status":"in_force","label":"2.","heading":null,"text":"Offerors and persons seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens that have published a crypto-asset white paper in accordance with Article 9 and, where applicable, a modified crypto-asset white paper pursuant to Article 12, shall not be subject to any further information requirements with regard to the offer to the public or the admission to trading of that crypto-asset.","marks":[],"revision":1,"text_hash":"8f61325a290c2de4c06820c10471d38001a6c49482bdec4bd149528adac512c5","reason":null}],"markdown":"*In force · Consolidated version of 9 January 2024 · Verified 9 Nov 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109)*\n\n1. <a id=\"p-1\"></a>After publication of the [crypto-asset](https://www.headlesslaw.com/definitions/mica/crypto-asset) white paper in accordance with [Article 9](9.md) and, where applicable, of the modified crypto-asset white paper in accordance with [Article 12](12.md), [offerors](https://www.headlesslaw.com/definitions/mica/offeror) may offer crypto-assets other than [asset-referenced tokens](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) or [e-money tokens](https://www.headlesslaw.com/definitions/mica/electronic-money-token) throughout the Union and such crypto-assets may be admitted to trading on a trading platform for crypto-assets in the Union.\n2. <a id=\"p-2\"></a>[Offerors](https://www.headlesslaw.com/definitions/mica/offeror) and persons seeking admission to trading of [crypto-assets](https://www.headlesslaw.com/definitions/mica/crypto-asset) other than [asset-referenced tokens](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) or [e-money tokens](https://www.headlesslaw.com/definitions/mica/electronic-money-token) that have published a crypto-asset white paper in accordance with [Article 9](9.md) and, where applicable, a modified crypto-asset white paper pursuant to [Article 12](12.md), shall not be subject to any further information requirements with regard to the [offer to the public](https://www.headlesslaw.com/definitions/mica/offer-to-the-public) or the admission to trading of that crypto-asset.\n\n### Related\n\n* [offer to the public](https://www.headlesslaw.com/definitions/mica/offer-to-the-public) — definition used in this article\n* [crypto-asset](https://www.headlesslaw.com/definitions/mica/crypto-asset) — definition used in this article\n* [offeror](https://www.headlesslaw.com/definitions/mica/offeror) — definition used in this article\n\n***\n\n[Title II — Crypto-assets other than asset-referenced tokens or e-money tokens](../titles/ii.md) · [← Article 10](10.md) · [Article 12 →](12.md)\n"}