Source: OJ L, 2025/299, 13.2.2025Current language: FR
- Markets in crypto-assets
Crypto-asset service provider
- RTS on continuity and regularity
Article premier Définitions
Summary What does Article 1 of the RTS on continuity and regularity say?
This is a short definitions article that establishes the precise meaning of two key terms used throughout the regulation.
Rather than creating entirely new concepts, it anchors one term to an existing definition in Regulation (EU) 2022/2554 and introduces a crypto-asset-specific concept relevant to the business continuity obligations that follow in subsequent articles.
Important points:
- Understand that "critical or important function" carries the same meaning as defined in Regulation (EU) 2022/2554, directly linking this regulation to that existing framework.
- A "permissionless distributed ledger" is defined as one where no single entity is in control and anyone meeting the technical requirements can participate as a node — a concept that becomes relevant when assessing business continuity risks tied to decentralised infrastructure.
- These two definitions form the interpretive foundation for the obligations placed on crypto-asset service providers across the rest of the regulation.
Springlex's summary of the article, a reading aid, not a substitute for the legal text.
Aux fins du présent règlement, on entend par:
«fonction critique ou importante»: une fonction critique ou importante au sens de l’article 3, point 22), du règlement (UE) 2022/2554;
«registre distribué sans permission»: un type spécifique de registre distribué dans lequel aucune entité ne contrôle le registre distribué et dans lequel les nœuds de réseau DLT peuvent être mis en place par toute personne respectant les exigences techniques et les protocoles de ce registre distribué.
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.
Definition
registre distribué sans permission
(En. permissionless distributed ledger)
Definition
nœud de réseau DLT
(En. DLT network node)
Definition
DLT
(En. distributed ledger technology)
Definition
registre distribué
(En. distributed ledger)
Definition
fonction critique ou importante
(En. critical or important function)
Definition
mécanisme de consensus
(En. consensus mechanism)