| # | MICA-Article | Description | Reference | Date |
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| TITLE II - CRYPTO-ASSETS OTHER THAN ASSET-REFERENCED TOKENS OR E-MONEY TOKENS |
| 1 | 6(11), 19(10), 51(10) | ESMA with EBA to establish standard forms, formats and templates for the purposes of making crypto- asset whitepapers available in a machine-readable format. | EC Implementing Regulation (EU) 2024/2984 | Published in the Official Journal 3 December 2024. In force since 23 December 2024 and shall apply from 23 December 2025. |
| 2 | 6(12), 19(11), 51(15), 66(6) | ESMA and EBA, to specify the content, methodologies and presentation of the information in respect of the sustainability indicators relating to adverse impacts on the climate and other environment-related adverse impacts | EC Delegated Regulation (EU) 2025/422 | Published in the Official Journal 31 March 2025. In force since 20 April 2025 (i.e. 20th day following publication in the Official Journal). |
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| TITLE III - ASSET REFERENCED TOKENS CHAPTER 1- AUTHORISATION TO OFFER ASSET-REFERENCED TOKENS TO THE PUBLIC AND TO SEEK THEIR ADMISSION TO TRADING |
| 3 | 17(8) | EBA, with ESMA and ECB, to specify the procedure for the approval of a crypto-asset whitepaper drawn up by credit institution for an asset referenced token (ART). | EC Delegated Regulation (EU) 2025/296 | Published in the Official Journal 13 February 2025. In force since 5 March 2025 (i.e. 20th day following publication in the Official Journal). |
| 4 | 18(6) | EBA, in close cooperation with ESMA and the ECB, shall develop draft RTS to further specify the information to be included in the application for an authorisation. | Final report (EBA/RTS/2024/03) published (7 May 2024). Submitted to the EC, which adopted the text on 5 June 2025. Currently subject to scrutiny by the European Parliament and the Council, following which to be published | TBC |
| 5 | 18 (7) | EBA, in close cooperation with ESMA, shall develop draft ITS to establish standard forms, templates and procedures for the information to be included in the application in order to ensure uniformity across the Union. | Final report (EBA/ITS/2024/03) published (7 May 2024). Adopted by the EC 5 June 2025, to be published in the Official Journal. | TBC |
| 6 | 22(6) | EBA, with ECB to specify the methodology to estimate the number and value of transactions associated to uses of ARTs, and EMTs denominated in a currency that is not an official currency of a member state, as a means of exchange within a single currency area. | | Published in the Official Journal 13 February 2025. In force since 5 March 2025 (i.e. 20th day following publication in the Official Journal). |
| 7 | 22(7) | EBA to establish standard forms, formats and templates for the purposes of reporting referred to in Article 22(1) and the provision of the information referred to in Article 22(3) (i.e. reporting related to ARTs and EMTs denominated in a currency that is not an official currency of a member state). | EC Implementing Regulation (EU) 2024/2902. | Published in the Official Journal (28 November 2024. In force since 18 December 2024 and applies from 1 January 2025. |
| CHAPTER 2 – OBLIGATIONS OF ISSUERS OF ASSET-REFERENCED TOKENS |
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| 8 | 31(5) | EBA, with ESMA, to specify the requirements, templates and procedures for complaint handling regarding ARTs. | EC Delegated Regulation (EU) 2025/293 | Published in the Official Journal 13 February 2025. In force since 5 March 2025 (i.e. 20th day following publication in the Official Journal). |
| 9 | 32(5) | EBA to specify requirements for the conflicts of interest policies and procedures, and the details and methodology for the content of the disclosure of conflicts of interest for issuers of ARTs. | EC Delegated regulation (EU) 2025/1141 | Published in the Official Journal 10 June 2025. In force since 30 June 2025 (i.e. the 20th day following the publication in the Official Journal). |
| 10 | 35(6) | EBA, with ESMA and ECB, to specify adjustment of own funds requirement and minimum features of stress testing programs of issuers of ARTs or EMTs. | EC Delegated Regulation (EU) 2025/415 | Published in the Official Journal 24 March 2025. In force since 13 April 2025 (i.e. 20th day following publication in the Official Journal). |
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| CHAPTER 3 – RESERVE OF ASSETS |
| 11 | 36(4) | EBA, in close cooperation with ESMA and the ECB, shall develop draft RTS further specifying the liquidity requirements, taking into account the size, complexity and nature of the reserve of assets and of the asset-referenced token itself. | Final report (EBA/RTS/2024/10) published (13 June 2024). Submitted to the EC for adoption, following which it will be subject to scrutiny by the European Parliament and the Council, and published in the Official Journal. | TBC |
| 12 | 38(5) | EBA, in cooperation with ESMA and the ECB, shall develop draft RTS specifying the financial instruments that can be considered highly liquid and bearing minimal market risk, credit risk and concentration risk as referred to in art. 38(1). | Final report (EBA/RTS/2024/11) published 13 June 2024. Submitted to the EC for adoption (following which to be subject to scrutiny by the European Parliament and the Council before being published in the Official Journal). | TBC |
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| CHAPTER 4 – ACQUISITIONS OF ISSUERS OF ASSET-REFERENCED TOKENS |
| 13 | 42(4) | EBA to develop standards to establish of the detailed content of information that is necessary to carry out the assessment of proposed acquisitions of qualifying holdings in issuers of ARTs. | EC Delegated regulation (EU) 2025/413 | Published in the Official Journal 31 March 2025. In force since 20 April 2025 (i.e. 20th day following publication in the Official Journal). |
| CHAPTER 5 – SIGNIFICANT ASSET-REFERENCED TOKENS |
| 14 | 43(11) | EC to adopt delegated act to further specify certain criteria for classifying ARTs and EMTs as significant. | EC Delegated Regulation (EU) 2024/1506 | Published in the Official Journal 30 May 2024. In force since 19 June 2024 (i.e. the 20th day following the publication in the Official Journal). |
| 15 | 45(7) | EBA to develop draft RTS specifying the minimum content of the governance arrangements on the remuneration policy of issuers of significant ARTs or EMTs. | EC Delegated Regulation (EU) 2025/418 | Published in Official Journal 24 March 2025. In force since 13 April 2025 (i.e. 20th day following publication in the Official Journal). |
| 16 | 45(7) | EBA to develop draft RTS specifying the minimum contents of the liquidity management policy and procedures as set out in paragraph 3, and liquidity requirements, including by specifying the minimum amount of deposits in each official currency referenced, which cannot be lower than 60 % of the amount referenced in each official currency. | Final report (EBA/RTS/2024/12) published (13 June 2024). Submitted to the EC, which adopted the text 27 June 2025. Currently subject to scrutiny by the European Parliament and the Council, following which to be published in the Official Journal. | TBC |
| 17 | 45(7) | EBA, in close cooperation with ESMA, shall develop draft RTS specifying the procedure and timeframe for an issuer of a significant asset-referenced token to adjust the amount of its own funds as required by paragraph 5. | EC Delegated regulation (EU) 2025/419 | Published in Official Journal 24 March 2025. In force since 13 April 2025 (i.e. 20th day following publication in the Official Journal). |
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| TITLE V- AUTHORISATION AND OPERATING CONDITIONS FOR CRYPTO-ASSET SERVICE PROVIDERS CHAPTER 1 – AUTHORISATION OF CRYPTO-ASSET SERVICE PROVIDERS |
| 18 | 60(13) | ESMA, with EBA, to specify information to be included by certain financial entities in the notification of intention to provide crypto-asset services. | EC Delegated Regulation (EU) 2025/303 | Published in Official Journal 20 February 2025. In force since 12 March 2025 (i.e. 20th day following publication in the Official Journal). |
| 19 | 60(14) | ESMA to establish standard forms, templates and procedures for the notification by certain financial entities of intention to provide crypto-asset services. | EC Implementing Regulation (EU) 2025/304 | Published in Official Journal 20 February 2025. In force since 12 March 2025 (i.e. 20th day following publication in the Official Journal). |
| 20 | 62(5) | ESMA, in close cooperation with EBA, shall develop draft RTS to further specify the information to be included in the application for authorisation as a crypto- asset service provider. | EC Delegated regulation (EU) 2025/305 | Published in the Official Journal 31 March 2025. |
| 21 | 62(6) | ESMA, in close cooperation with EBA, shall develop draft ITS to establish standard forms, templates and procedures for the information to be included in the application for authorisation as a crypto-asset service provider. | EC Implementing regulation (EU) 2025/306 | Published in the Official Journal 31 March 2025. In force since 20 April 2025 (i.e. 20th day following the publication in the Official Journal). |
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| CHAPTER 2 – OBLIGATIONS FOR ALL CRYPTO-ASSET SERVICE PROVIDERS |
| 22 | 68(10)(a) | ESMA to specify measures to ensure continuity and regulatory in the performance of crypto-asset services. | EC Delegated Regulation (EU) 2025/299 | Published in the Official Journal 13 February 2025. In force since 5 March 2025 (i.e. 20th day following publication in the Official Journal). |
| 23 | 68(10)(b) | ESMA to develop draft RTS to further specify the records to be kept of all crypto-asset services, activities, orders and transactions undertaken. | EC Delegated regulation (EU) 2025/1140 | Published in the Official Journal 10 June 2025. In force since 30 June 2025 (i.e. the 20th day following the publication in the Official Journal). |
| 24 | 71(5) | ESMA, with EBA, to further specify the requirements, templates and procedures for handling complaints by crypto-asst service providers. | EC Delegated Regulation (EU) 2025/294. | Published in the Official Journal 13 February 2025. In force since 5 March 2025 (i.e. 20th day following publication in the Official Journal). |
| 25 | 72(5) | ESMA, with EBA, to specify certain requirements in relation to conflicts of interest for crypto-asset service providers. | EC Delegated regulation (EU) 2025/1142 | Published in the Official Journal 10 June 2025. In force since 30 June 2025 (i.e. the 20th day following the publication in the Official Journal). |
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| CHAPTER 3 – OBLIGATIONS IN RESPECT OF SPECIFIC CRYPTO-ASSET SERVICES |
| 26 | 76(16)(a) | ESMA to develop draft RTS to further specify the manner in which transparency data, including the level of disaggregation of the data to be made available to the public, is to be presented. | EC Delegated Regulation (EU) 2025/417 | Published in Official Journal 14 March 2025. In force since 3 April 2025. (i.e. 20th day following publication in the Official Journal). |
| 27 | 76(16)(b) | ESMA to specify the content and format of order book records for crypto-asset service providers | EC Delegated regulation (EU) 2025/416 | Published in Official Journal 14 March 2025. In force since 3 April 2025. (i.e. 20th day following publication in the Official Journal). |
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| CHAPTER 4 – ACQUISITION OF CRYPTO-ASSET SERVICE PROVIDERS |
| 28 | 84(4) | ESMA to develop RTS 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 | EC Delegated regulation (EU) 2025/414. | Published in Official Journal 31 March 2025. In force since 20 April 2025 (i.e. 20th day following publication in the Official Journal). |
| TITLE VI - PREVENTION AND PROHIBITION OF MARKET ABUSE INVLVING CRYPTO-ASSET |
| 29 | 88(4) | ESMA to specify technical means for appropriate public disclosure of inside information and for delaying public disclosure of inside information | EC Implementing Regulation (EU) 2024/2861 | Published in the Official Journal 13 November 2024. In force since 3 December 2024. (i.e. 20th day following publication in the Official Journal). |
| 30 | 92(2) | ESMA to develop draft RTS to further specify: (a) appropriate arrangements, systems and procedures for persons to comply with paragraph 1; (b) the template to be used by persons to comply with paragraph 1; (c) for cross-border market abuse situations, coordination procedures between the relevant competent authorities for the detection and sanctioning of market abuse. | Final report (ESMA75-453128700-1278) published (17 December 2024). Submitted to the EC, which adopted the text 29 April 2025. Currently subject to scrutiny by the European Parliament and the Council, following which to be published in the Official Journal. | TBC |
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| TITLE VII – COMPETENT AUTHORITIES, EBA AND ESMA CHAPTER 1 – POWERS OF COMPETENT AUTHORITIES AND COOPERATION BETWEEN COMPETENT AUTHORITIES, EBA AND ESMA |
| 31 | 95(10) | ESMA to specify the information to be exchanged between NCAs. | EC Delegated regulation (EU) 2025/300 | Published in Official Journal 31 March 2025. In force since 20 April 2025 (i.e. 20th day following publication in the Official Journal). |
| 32 | 95(11) | ESMA, with EBA, to develop standards to establish standard forms, templates and procedures for the co-operation and exchange of information between NCAs. | EC Implementing Regulation (EU) 2024/2545 | Published in the Official Journal 26 November 2024. In force since 16 December 2024 (i.e. 20th day following publication in the Official Journal). |
| 33 | 96(3) | ESMA, with EBA, to develop standards to establish standard forms, templates and procedures for the co-operation and exchange of information between competent authorities and ESMA/EBA. | EC Implementing Regulation (EU) 2024/2494 | Published in Official Journal 25 September 2024. In force since 15 October 2024 (i.e. 20th day following publication in the Official Journal). |
| 34 | 107(3) | ESMA to develop RTS establishing a template document for co-operation arrangements with the supervisory authorities of third countries and competent authorities. | EC Delegated Regulation (EU) 2025/292 | Published in the Official Journal 13 February 2025. In force since 5 March 2025 (i.e. 20th day following publication in the Official Journal). |
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| CHAPTER 2- ESMA REGISTER |
| 35 | 109(8) | ESMA to specify data necessary for the classification of crypto-asset whitepapers and practical arrangements to ensure such data is machine-readable. | EC Delegated Regulation (EU) 2025/421 | Published in Official Journal 24 March 2025. In force since 13 April 2025 (i.e. 20th day following publication in the Official Journal). |
| 36 | 110a | ESMA, for the purpose of ensuring the efficient collection and management of information submitted in accordance with art. 110a(1), to develop draft ITS to specify: (a) any other metadata to accompany the information; (b) the structuring of data in the information; (c) for which information a machine-readable format is required and, in such cases, which machine-readable format is to be used. | N/A | TBC |
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| CHAPTER 4 – SUPERVISORY RESPONSIBILITIES OF EBA WITH RESPECT TO ISSUERS OF SIGNIFICANT ASSET-REFERENCED TOKENS AND SIGNIFICANT E-MONEY TOKENS AND COLLEGES OF SUPERVISORS |
| 37 | 119(8) | EBA, with ESMA and ECB, to specify the conditions for the establishment and functioning of consultative supervisory colleges. | EC Delegated Regulation (EU) 2025/297 | Published in the Official Journal 13 February 2025. In force since 5 March 2025 (i.e. 20th day following publication in the Official Journal). |
| CHAPTER 5 – EBA’S POWERS AND COMPETENCES WITH RESPECT TO ISSUERS OF SIGNIFICANT ASSET-REFERENCED TOKENS AND ISSUERS OF SIGNIFICANT E-MONEY TOKENS |
| 38 | 134(10) | EC to adopt delegated act specifying the procedural rules for the exercise of the power to impose fines or periodic penalty payments by the EBA on issuers of significant ARTs and EMTs. | EC Delegated Regulation (EU) 2024/1504 | Published in the Official Journal 30 May 2024. In force since 19 June 2024 (i.e. 20th day following publication in the Official Journal). |
| 39 | 137(3) | EC to adopt a delegated act specifying the fees charged by the EBA to issuers of significant ARTs and EMTs. | EC Delegated Regulation (EU) 2024/1503 | Published in the Official Journal 30 May 2024. In force since 19 June 2024 (i.e. 20th day following publication in the Official Journal). |
