Title II: CRYPTO-ASSETS OTHER THAN ASSET-REFERENCED TOKENS OR E-MONEY TOKENS

Article 9

Publication of the crypto-asset white paper and of the marketing communications

1.   Offerors and persons seeking admission to trading of crypto-assets other than asset-referenced tokens or e-money tokens shall publish their crypto-asset white papers and, where applicable, their marketing communications, on their website, which shall be publicly accessible, at a reasonable time in advance of, and in any event before the starting date of, the offer to the public of those crypto-assets or the admission to trading of those crypto-assets. The crypto-asset white papers and, where applicable, the marketing communications, shall remain available on the website of the offerors or persons seeking admission trading for as long as the crypto-assets are held by the public. 2.   The published crypto-asset white papers and, where applicable, the marketing communications, shall be identical to the version notified to the competent authority in accordance with Article 8 or, where applicable, to the version modified in accordance with Article 12.

Related Technical Standards & Guidelines

Regulatory Technical Standards (RTS)

  • RTSESMAIn force
    White Paper Notification RTS

    Specifies procedures and information for notifying crypto-asset white papers to competent authorities.

Questions & Answers

  • Q&AESMAIn force
    Title II Q&A Collection

    Collection of Q&As addressing requirements for offers to the public and admission to trading of utility tokens under Title II.

Related Recitals (Preamble)

Recitals provide interpretive context and policy rationale for the legislative provisions.

(35)
EU-wide validity of white papers

Summary: Crypto-asset white papers that have been duly notified to a competent authority and marketing communications should be published.