Updated 10/05/2025
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Article 1 - Delegated Regulation 2025/418

Article 1

Scope of application

This Regulation applies to the following issuers of asset referenced tokens or e-money tokens:

(a)

issuers of significant asset-reference tokens;

(b)

electronic money institutions issuing significant e-money tokens;

(c)

issuers of asset-reference tokens that are not significant, where required by the competent authority under Article 35(4) of Regulation (EU) 2023/1114;

(d)

electronic money institutions issuing e-money tokens that are not significant, where required by the competent authority under Article 58(2) of Regulation (EU) 2023/1114.