Source: OJ L, 2025/419, 24.3.2025

Artikel 1 Anwendungsbereich

Summary What does Article 1 of the RTS on own funds adjustment timeframe say?

This is the scope article of the Regulation, defining which entities it applies to.

It covers issuers of asset-referenced tokens and e-money tokens, drawing a distinction between those classified as significant and those that are not.

Notably, non-significant issuers are not automatically excluded — they can still fall within scope if directed to comply by a competent authority under Regulation (EU) 2023/1114, which provides the broader MiCA framework this Regulation sits within.

Important points:

Issuers of significant asset-referenced tokens and electronic money institutions issuing significant e-money tokens are automatically in scope.
Issuers of non-significant tokens are also in scope where a competent authority requires it under Regulation (EU) 2023/1114.
The scope covers both asset-referenced tokens and e-money tokens, treating them as two distinct but parallel categories throughout.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

Diese Verordnung gilt für die folgenden Emittenten von vermögenswertereferenzierten Token oder von E-Geld-Token:

Emittenten signifikanter vermögenswertereferenzierter Token;
E-Geld-Institute, die signifikante E-Geld-Token ausgeben;
Emittenten vermögenswertereferenzierter Token, die nicht signifikant sind, sofern die zuständige Behörde dies nach Artikel 35 Absatz 4 der Verordnung (EU) 2023/1114 verlangt;
E-Geld-Institute, die nicht signifikante E-Geld-Token ausgeben, wenn die zuständige Behörde dies nach Artikel 58 Absatz 2 der Verordnung (EU) 2023/1114 verlangt.

Table of contents

Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.

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