--- title: "Article 79 — Placing of crypto-assets" type: regulation legal_status: in_force source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109" shortTitle: "Article 79 — Placing of crypto-assets" 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. [Crypto-asset service providers](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) placing crypto-assets shall communicate the following information to the [offeror](https://www.headlesslaw.com/definitions/mica/offeror), to the person seeking admission to trading, or to any third party acting on their behalf, before entering into an agreement with them: **(a)** the type of placement under consideration, including whether a minimum amount of purchase is guaranteed or not; **(b)** an indication of the amount of transaction fees associated with the proposed placing; **(c)** the likely timing, process and price for the proposed operation; **(d)** information about the targeted purchasers. [Crypto-asset service providers](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) placing crypto-assets shall, before placing those crypto-assets, obtain the agreement of the [issuers](https://www.headlesslaw.com/definitions/mica/issuer) of those crypto-assets or any third party acting on their behalf as regards the information listed in the first subparagraph. 2. [Crypto-asset service providers](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider)’ rules on conflicts of interest referred to in [Article 72](72.md)(1) shall have specific and adequate procedures in place to identify, prevent, manage and disclose any conflicts of interest arising from the following situations: **(a)** [crypto-asset service providers](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) place the crypto-assets with their own [clients](https://www.headlesslaw.com/definitions/mica/client); **(b)** the proposed price for [placing of crypto-assets](https://www.headlesslaw.com/definitions/mica/placing-of-crypto-assets) has been overestimated or underestimated; **(c)** incentives, including non-monetary incentives, are paid or granted by the [offeror](https://www.headlesslaw.com/definitions/mica/offeror) to [crypto-asset service providers](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider). ### Related * [crypto-asset service provider](https://www.headlesslaw.com/definitions/mica/crypto-asset-service-provider) — definition used in this article * [placing of crypto-assets](https://www.headlesslaw.com/definitions/mica/placing-of-crypto-assets) — definition used in this article * [crypto-asset service](https://www.headlesslaw.com/definitions/mica/crypto-asset-service) — definition used in this article * [crypto-asset](https://www.headlesslaw.com/definitions/mica/crypto-asset) — definition used in this article * [offeror](https://www.headlesslaw.com/definitions/mica/offeror) — definition used in this article *** [Title V — Authorisation and operating conditions for crypto-asset service providers](../titles/v.md) › Chapter 3 — Obligations in respect of specific crypto-asset services · [← Article 78](78.md) · [Article 80 →](80.md)