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In this act Article 1 of 3
Text as of 26 Oct 2026 · Commission Delegated Regulation (EU) 2025/419, OJ L, 2025/419, 24.3.2025 · Same wording as today’s text.Today’s text

Article 1 — Scope of application

Financial servicesLevel 2RTSMiCAIn forceOfficial source

This Regulation applies to the following issuers of asset-referenced tokens or e-money tokens:

1(a)
a)issuers of significant asset-reference tokens;
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1(b)
b)electronic money institutions issuing significant e-money tokens;
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1(c)
c)issuers of asset-reference tokens that are not significant, where required by the competent authority under Article 35(4) of Regulation (EU) 2023/1114;
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1(d)
d)electronic money institutions issuing e-money tokens that are not significant, where required by the competent authority under Article 58(2) of Regulation (EU) 2023/1114.\
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