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MiCA Recital (22) — preamble

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MiCA Recital (22) — preamble (22) This Regulation should apply to natural and legal persons and certain other undertakings and to the crypto-asset services and activities performed, provided or controlled, directly or indirectly, by them, including when part of such activities or services is performed in a decentralised manner.

Where crypto-asset services are provided in a fully decentralised manner without any intermediary, they should not fall within the scope of this Regulation.

This Regulation covers the rights and obligations of issuers of crypto-assets, offerors, persons seeking admission to trading of crypto-assets and crypto-asset service providers.

Where crypto-assets have no identifiable issuer, they should not fall within the scope of Title II, III or IV of this Regulation.

Crypto-asset service providers providing services in respect of such crypto-assets should, however, be covered by this Regulation.

32023R1114

docs_evidence/eu-legislation/eurlex-full-text/20260823T093000Z/32023R1114.pdf · sha256 32c6d21e712dbb719a9a6b2d39e85133f3059d9e02d8d9ce70d35332bd568b8b · saved and fingerprinted 20260823T093000Z · Recital (22); PDF page 4; derived-text line 256

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