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Text as of 9 Jan 2024 · Consolidated version of 9 January 2024 · Same wording as today’s text.Today’s text

Recital 68

Financial servicesLevel 1RegulationMiCAIn forceVerifiedOfficial source

To reduce the risk that e-money tokens are used as store of value, issuers of e-money tokens and crypto-asset service providers when they provide crypto-asset services related to e-money tokens, should not grant interest to holders of e-money tokens, including interest not related to the length of time that such holders hold those e-money tokens.