Artikel 11 Rechte von Anbietern anderer Kryptowerte als vermögenswertereferenzierter Token oder E-Geld-Token und von Personen, die die Zulassung solcher Kryptowerte zum Handel beantragen

This article establishes the "passport" effect of a published crypto-asset white paper.

Once offerors have complied with the white paper publication requirements set out in Articles 9 and 12, they are free to offer crypto-assets (other than asset-referenced tokens or e-money tokens) across the entire Union and seek admission to trading on any Union trading platform.

Crucially, it also makes clear that no additional information requirements can be imposed on top of what has already been published.

Important points:

• Once the white paper obligations under Articles 9 and 12 are met, offerors can operate Union-wide without further barriers.
• No additional information requirements apply to the public offer or admission to trading once the white paper has been published.
• This article acts as the reward or outcome for complying with the white paper rules — it is the direct consequence of satisfying those earlier obligations.