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# Article 1 — Scope of application

**Commission Delegated Regulation (EU) 2025/418 · binding · OJ L, 2025/418, 24.3.2025 · dated 16 Dec 2024 [in force]**

*In force · Commission Delegated Regulation (EU) 2025/418, OJ L, 2025/418, 24.3.2025 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg_del/2025/418/oj/eng)*

This Regulation applies to the following issuers of asset referenced tokens or e-money tokens:\
   <a id="art-1-p-a"></a>a) issuers of significant asset-reference tokens;\
   <a id="art-1-p-b"></a>b) electronic money institutions issuing significant e-money tokens;\
   <a id="art-1-p-c"></a>c) issuers of asset-reference tokens that are not significant, where required by the competent authority under [Article 35(4)](../../articles/35.md) of Regulation (EU) 2023/1114;\
   <a id="art-1-p-d"></a>d) electronic money institutions issuing e-money tokens that are not significant, where required by the competent authority under [Article 58(2)](../../articles/58.md) of Regulation (EU) 2023/1114.\
