MARKETS IN CRYPTOASSETS

A. INSTRUCTIONS/APPLICATION TEMPLATES

 

• 1. Instructions for the notification of a crypto-asset white paper under Title II by offerors of crypto-assets
• 2. Instructions for submitting a crypto-asset white paper by issuers/offerors of crypto-assets under Title III, falling within Article 16(1)(a) of Regulation 2023/1114 (MiCA)
• 3. Guidelines on templates for explanations and opinions, and the standardised test for crypto-assets, under Article 97(1) of Regulation (EU) 2023/1114
• 4. Notification form for the provision of Crypto-Asset Services under Regulation (EU) 2023/1114 (TBD)
• 5. Procedure and manner of submitting an application for authorisation of a crypto-asset service provider in accordance with Regulation (EU) 2023/1114
• 6. Template for the submission of information by crypto-asset service providers offering services cross-border (Article 65 MiCA)

 

B. Announcements by the Hellenic Capital Market Commission (HCMC), ESMA, EBA & EIOPA

 

• 1. Announcement by the Hellenic Capital Market Commission (HCMC) on the supervision of the crypto-asset market.
• 2.1 Factsheet on crypto-assets
• 2.2 Warning on crypto-assets
• 3. ESMA Statement Guidance for Crypto-Asset Service Providers Offering Unregulated Services
• 4. Guidance for Crypto-Asset Service Providers Offering Unregulated Services

 

C. REGULATORY FRAMEWORK

 

i. PRIMARY LEGISLATION

 

• 1. Regulation EU 2023/2114 (MICA)
• 2. Law 5193/2025 (in Greek)

 

ii. SECONDARY LEGISLATION

 

• 1. COMMISSION DELEGATED REGULATION (EU) 2024/1503 of 22 February 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council by specifying the fees charged by the European Banking Authority to issuers of significant asset- referenced tokens and issuers of significant e-money tokens
• 2. COMMISSION DELEGATED REGULATION (EU) 2024/1504 of 22 February 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council by specifying the procedural rules for the exercise of the power to impose fines or periodic penalty payments by the European Banking Authority on issuers of significant asset-referenced tokens and issuers of significant e-money tokens
• 3. COMMISSION DELEGATED REGULATION (EU) 2024/1506 of 22 February 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council by specifying certain criteria for classifying asset-referenced tokens and e-money tokens as significant
• 4. COMMISSION DELEGATED REGULATION (EU) 2024/1507 of 22 February 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council by specifying the criteria and factors to be taken into account by the European Securities Markets Authority, the European Banking Authority and competent authorities in relation to their intervention powers
• 5. COMMISSION IMPLEMENTING REGULATION (EU) 2024/2494 of 24 September 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to standard forms, templates and procedures for the cooperation and exchange of information between competent authorities and EBA and ESMA
• 6. COMMISSION IMPLEMENTING REGULATION (EU) 2024/2545 of 24 September 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to standard forms, templates and procedures for the cooperation and exchange of information between competent authorities
• 7. COMMISSION IMPLEMENTING REGULATION (EU) 2024/2861 of 12 November 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to the technical means for the appropriate public disclosure of inside information and for delaying the public disclosure of that information
• 8. COMMISSION IMPLEMENTING REGULATION (EU) 2024/2902 of 20 November 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to reporting related to asset-referenced tokens and to e-money tokens denominated in a currency that is not an official currency of a Member State
• 9. COMMISSION IMPLEMENTING REGULATION (EU) 2024/2984 of 29 November 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to forms, formats and templates for the crypto-asset white papers
• 10. COMMISSION DELEGATED REGULATION (EU) 2025/292 of 26 September 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards establishing a template document for cooperation arrangements between competent authorities and supervisory authorities of third countries
• 11. COMMISSION DELEGATED REGULATION (EU) 2025/293 of 30 September 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the requirements, templates and procedures for the handling of complaints relating to asset referenced tokens
• 12. COMMISSION DELEGATED REGULATION (EU) 2025/294 of 1 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the requirements, templates and procedures for the handling of complaints by the crypto-asset service providers
• 13. COMMISSION DELEGATED REGULATION (EU) 2025/296 of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the procedure for the approval of a crypto-asset white paper
• 14. COMMISSION DELEGATED REGULATION (EU) 2025/297 of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the conditions for the establishment and functioning of consultative supervisory colleges
• 15. COMMISSION DELEGATED REGULATION (EU) 2025/298 of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the methodology to estimate the number and value of transactions associated to uses of asset-referenced tokens and of e-money tokens denominated in a currency that is not an official currency of a Member State as a means of exchange
• 16. COMMISSION DELEGATED REGULATION (EU) 2025/299 of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council on markets in crypto-assets with regard to regulatory technical standards on continuity and regularity in the performance of crypto-asset services
• 17. COMMISSION DELEGATED REGULATION (EU) 2025/300 of 10 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards on information to be exchanged between competent authorities
• 18. COMMISSION DELEGATED REGULATION (EU) 2025/303 of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be included by certain financial entities in the notification of their intention to provide crypto-asset services
• 19. COMMISSION IMPLEMENTING REGULATION (EU) 2025/304 of 31 October 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to standard forms, templates and procedures for the notification by certain financial entities of their intention to provide crypto-asset services
• 20. COMMISSION DELEGATED REGULATION (EU) 2025/305 of 31 October 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be included in an application for authorisation as a crypto-asset service provider
• 21. COMMISSION IMPLEMENTING REGULATION (EU) 2025/306 of 31 October 2024 laying down implementing technical standards for the application of Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to standard forms, templates and procedures for the information to be included in the application for authorisation as a crypto-asset service provider
• 22. COMMISSION DELEGATED REGULATION (EU) 2025/413 of 18 December 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the detailed content of information necessary to carry out the assessment of a proposed acquisition of a qualifying holding in an issuer of an asset referenced token
• 23. COMMISSION DELEGATED REGULATION (EU) 2025/414 of 18 December 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the detailed content of information necessary to carry out the assessment of a proposed acquisition of a qualifying holding in a crypto-asset service provider
• 24. COMMISSION DELEGATED REGULATION (EU) 2025/415 of 13 December 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying adjustment of own funds requirement and minimum features of stress testing programmes of issuers of asset-referenced tokens or of e-money tokens
• 25. COMMISSION DELEGATED REGULATION (EU) 2025/416 of 29 November 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the content and format of order book records for crypto-asset service providers operating a trading platform for crypto-assets
• 26. COMMISSION DELEGATED REGULATION (EU) 2025/417 of 28 November 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the manner in which crypto-asset service providers operating a trading platform for crypto-assets are to present transparency data
• 27. COMMISSION DELEGATED REGULATION (EU) 2025/418 of 16 December 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the minimum content of the governance arrangements on the remuneration policy of issuers of significant asset-referenced or e- money tokens
• 28. COMMISSION DELEGATED REGULATION (EU) 2025/419 of 16 December 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the procedure and timeframe for an issuer of asset-referenced tokens or of e-money tokens to adjust the amount of its own funds
• 29. COMMISSION DELEGATED REGULATION (EU) 2025/421 of 16 December 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the data necessary for the classification of cryptoasset white papers and the practical arrangements to ensure that such data is machine-readable
• 30. COMMISSION DELEGATED REGULATION (EU) 2025/422 of 17 December 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the content, methodologies and presentation of information in respect of sustainability indicators in relation to adverse impacts on the climate and other environment-related adverse impacts
• 31. COMMISSION DELEGATED REGULATION (EU) 2025/1141 of 27 February 2025 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council as regards regulatory technical standards specifying the requirements for policies and procedures on conflicts of interest for issuers of asset-referenced tokens
• 32. COMMISSION DELEGATED REGULATION (EU) 2025/1142 of 27 February 2025 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the requirements for policies and procedures on conflicts of interest for crypto-asset service providers and the details and methodology for the content of disclosures on conflicts of interest

 

iii. GUIDELINES

 

• 1. Guidelines on the procedures and policies, including the rights of clients, in themcontext of transfer services for crypto-assets under the Markets in Crypto Assets Regulation (MiCA) on investor protection
• 2. Guidelines on the specification of Union standards for the maintenance of systems and security access protocols for offerors and persons seeking admission to trading of crypto-assets other than asset referenced tokens and e-money token
• 3. Guidelines on the conditions and criteria for the qualification of crypto-assets as financial instruments
• 4. Guidelines on situations in which a third-country firm is deemed to solicit clients established or situated in the EU and the supervision practices to detect and prevent circumvention of the reverse solicitation exemption under the Markets in Crypto Assets Regulation (MiCA)
• 5. Guidelines on certain aspects of the suitability requirements and format of the periodic statement for portfolio management activities under the Markets in Crypto Assets Regulation (MiCA)

 

D. Q&As

Questions & Answers on Regulation EU 2023/1114 (MiCA)