--- title: "Article 22 — Reporting on asset-referenced tokens" type: regulation legal_status: in_force source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109" shortTitle: "Article 22 — Reporting on asset-referenced tokens" instrument_type: level1_regulation authority: Commission binding: true binding_character: binding mica_level2: false legal_basis: Regulation (EU) 2023/1114 instrument: mica celex: 32023R1114 text_version: "Consolidated version of 9 January 2024" source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109" check_status: matched verified: true last_checked: 2026-11-09 --- *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)* 1. For each [asset-referenced token](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) with an issue value that is higher than EUR 100 000 000 , the [issuer](https://www.headlesslaw.com/definitions/mica/issuer) shall report on a quarterly basis to the [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) the following information: **(a)** the number of holders; **(b)** the value of the [asset-referenced token](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) issued and the size of the [reserve of assets](https://www.headlesslaw.com/definitions/mica/reserve-of-assets); **(c)** the average number and average aggregate value of transactions per day during the relevant quarter; **(d)** an estimate of the average number and average aggregate value of transactions per day during the relevant quarter that are associated to its uses as a means of exchange within a single currency area. For the purposes of points (c) and (d) of the first subparagraph, ‘transaction’ shall mean any change of the natural or legal person entitled to the [asset-referenced token](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) as a result of the transfer of the asset-referenced token from one distributed ledger address or account to another. Transactions that are associated with the exchange for [funds](https://www.headlesslaw.com/definitions/mica/funds) or other [crypto-assets](https://www.headlesslaw.com/definitions/mica/crypto-asset) with the [issuer](https://www.headlesslaw.com/definitions/mica/issuer) or with a [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) shall not be considered associated to uses of the [asset-referenced token](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) as a means of exchange, unless there is evidence that the asset-referenced token is used for the settlement of transactions in other crypto-assets. 2. The [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) may require issuers of asset-referenced tokens to comply with the reporting obligation referred to in paragraph 1 in respect of asset-referenced tokens issued with a value of less than EUR 100 000 000 . 3. [Crypto-asset service providers](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) that provide services related to asset-referenced tokens shall provide the [issuer](https://www.headlesslaw.com/definitions/mica/issuer) of the asset-referenced token with the information necessary to prepare the report referred to in paragraph 1, including by reporting transactions outside the [distributed ledger](https://www.headlesslaw.com/definitions/mica/distributed-ledger). 4. The [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) shall share the information received with the ECB and, where applicable, the central bank referred to in [Article 20](20.md)(4) and the competent authorities of [host Member States](https://www.headlesslaw.com/definitions/mica/host-member-state). 5. The ECB and, where applicable, the central bank referred to in [Article 20](20.md)(4) may provide to the [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) their own estimates of the quarterly average number and average aggregate value of transactions per day that are associated to uses of the asset-referenced token as a means of exchange within a single currency area. 6. EBA, in close cooperation with the ECB, shall develop draft regulatory technical standards to specify the methodology to estimate the quarterly average number and average aggregate value of transactions per day that are associated to uses of the asset-referenced token as a means of exchange within a single currency area. EBA shall submit the draft regulatory technical standards referred to in the first subparagraph to the Commission by 30 June 2024. Power is delegated to the Commission to supplement this Regulation by adopting the regulatory technical standards referred to in the first subparagraph of this paragraph in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010. 7. EBA shall develop draft implementing technical standards to establish standard forms, formats and templates for the purposes of reporting referred to in paragraph 1 and the provision of the information referred to in paragraph 3. EBA shall submit the draft implementing technical standards referred to in the first subparagraph to the Commission by 30 June 2024. Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph of this paragraph in accordance with Article 15 of Regulation (EU) No 1093/2010. *** ### Related * [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) — definition used in this article * [asset-referenced token](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) — definition used in this article * [crypto-asset service](https://www.headlesslaw.com/definitions/mica/crypto-asset-service) — definition used in this article * [competent authority](https://www.headlesslaw.com/definitions/mica/competent-authority) — definition used in this article * [distributed ledger](https://www.headlesslaw.com/definitions/mica/distributed-ledger) — definition used in this article * [reserve of assets](https://www.headlesslaw.com/definitions/mica/reserve-of-assets) — definition used in this article ## Related Level 2 and Level 3 ### Binding measures - [2024/2902 — ITS — Non-EU Currency Reporting \[in force\]](../level-2/its/implementing-technical-standards-on-the-reporting-on-arts-and-emts-denominated-in-a-non-eu-currency.md) - [2025/298 — RTS — Non-EU-currency means of exchange \[in force\]](../level-2/rts/rts-on-the-use-of-arts-and-emts-denominated-in-a-non-eu-currency-as-a-means-of-exchange-micar.md) ### Process documents - [EBA/RTS/2024 — Report — Non-EU Currency Exchange \[final draft submitted\]](../process/rts-on-the-use-of-arts-and-emts-denominated-in-a-non-eu-currency-as-a-means-of-exchange-micar.md) *** [Title III — Asset-referenced tokens](../titles/iii.md) › Chapter 1 — Authorisation to offer asset-referenced tokens to the public and to seek their admission to trading · [← Article 21](21.md) · [Article 23 →](23.md)