Recital 70
Financial servicesLevel 1RegulationMiCAIn forceIn force on the date shown, by the dates in the Official Journal.VerifiedIdentical to the official source.Official source
Where an issuer of e-money tokens invests the funds received in exchange for e-money tokens, such funds should be invested in assets denominated in the same official currency as the one that the e-money token is referencing in order to avoid cross-currency risks.