Art. 30 Ongoing information to holders of asset-referenced tokens | MiCA regulation | MiCA

This article sets out the ongoing public disclosure obligations for issuers of asset-referenced tokens, focusing on transparency around the token supply, the backing reserve, and material events.

It connects directly to Article 36, which governs the reserve of assets itself, making Article 30 the transparency layer that sits on top of those reserve requirements.

The article also operates without prejudice to Article 88, which deals with inside information disclosure, meaning the two regimes run in parallel.

Important points:

Issuers of asset-referenced tokens must publicly disclose on their website the amount of tokens in circulation and the value and composition of the reserve of assets, updated at least monthly.
Publish both a summary and the full, unredacted audit report of the reserve of assets on your website as soon as possible after it becomes available.
Disclose any event that has or is likely to have a significant effect on the value of the tokens or the reserve of assets as soon as possible.

1. Issuers of asset-referenced tokens shall in a clear, accurate and transparent manner disclose, in a publicly and easily accessible place on their website, the amount of asset-referenced tokens in circulation, and the value and composition of the reserve of assets referred to in Article 36. Such information shall be updated at least monthly.
1. Issuers of asset-referenced tokens shall publish as soon as possible in a publicly and easily accessible place on their website a brief, clear, accurate and transparent summary of the audit report, as well as the full and unredacted audit report, in relation to the reserve of assets referred to in Article 36.
1. Without prejudice to Article 88, issuers of asset-referenced tokens shall as soon as possible and in a clear, accurate and transparent manner disclose, in a publicly and easily accessible place, on their website any event that has or is likely to have a significant effect on the value of the asset-referenced tokens or on the reserve of assets referred to in Article 36.

Article 30 Ongoing information to holders of asset-referenced tokens

Relevant recitals