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---
title: "Article 28 — Publication of the crypto-asset white paper"
type: regulation
legal_status: in_force
source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109"
shortTitle: "Article 28 — Publication of the crypto-asset white paper"
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)*

An [issuer](https://www.headlesslaw.com/definitions/mica/issuer) of an [asset-referenced token](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) shall publish on its website the approved [crypto-asset](https://www.headlesslaw.com/definitions/mica/crypto-asset) white paper referred to in [Article 17](17.md)(1) or [Article 21](21.md)(1) and, where applicable, the modified crypto-asset white paper referred to in [Article 25](25.md). The approved crypto-asset white paper shall be publicly accessible by the starting date of the [offer to the public](https://www.headlesslaw.com/definitions/mica/offer-to-the-public) of the asset-referenced token or the admission to trading of that token. The approved crypto-asset white paper and, where applicable, the modified crypto-asset white paper shall remain available on the issuer’s website for as long as the asset-referenced token is held by the public.

***

### Related

* [asset-referenced token](https://www.headlesslaw.com/definitions/mica/asset-referenced-token) — definition used in this article
* [offer to the public](https://www.headlesslaw.com/definitions/mica/offer-to-the-public) — definition used in this article
* [crypto-asset](https://www.headlesslaw.com/definitions/mica/crypto-asset) — definition used in this article
* [issuer](https://www.headlesslaw.com/definitions/mica/issuer) — definition used in this article

## Related Level 2 and Level 3

### Guidance and Q&A

- [EBA Q&A 2024_7166 — Q&A — White paper obligation for exempt ART issuers \[Final Q&A\]](../level-3/q-and-a/eba/eba-qa-7166-whitepaper-publication-exempted-issuers.md)

***

[Title III — Asset-referenced tokens](../titles/iii.md) › Chapter 2 — Obligations of issuers of asset-referenced tokens · [← Article 27](27.md) · [Article 29 →](29.md)
