Updated 10/05/2025
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Article 14 - Delegated Regulation 2025/305

Article 14

Exchange of crypto-assets for funds or other crypto-assets

For the purposes of Article 62(2), point (o), of Regulation (EU) 2023/1114, applicants that intend to exchange crypto-assets for funds or other crypto-assets shall provide to the competent authority all of the following information:

(a)

a description of the commercial policy established in accordance with Article 77(1) of Regulation (EU) 2023/1114;

(b)

a description of the method for determining the price of the crypto-assets that the applicant proposes to exchange for funds or other crypto-assets in accordance with Article 77(2) of Regulation (EU) 2023/1114, including how the volume and market volatility of crypto-assets impact the pricing mechanism.