Cite this version: /celex/32023R1114/RECITAL_52/20260823-32c6d21e/
That address is frozen: its bytes never change. This page shows the current text and moves when a newer capture is held. Corpus Merkle root 581628a5b36518981241d2b51f048aa46384f30a74bf648ef542c652028cdeff.

← SatoshiShrine·Source Pathfinder·Topics

MiCA Recital (52) — preamble

Open the official source (EUR-Lex) →

MiCA Recital (52) — preamble (52) Issuers of asset-referenced tokens are usually at the centre of a network of entities that ensure the issuance of such crypto-assets, their transfer and their distribution to holders.

Issuers of asset-referenced tokens should therefore be required to establish and maintain appropriate contractual arrangements with third-party entities for ensuring the stabilisation mechanism and the investment of the reserve assets backing the value of the tokens, the custody of such reserve assets and, where applicable, the distribution of the asset-referenced tokens to the public.

32023R1114

docs_evidence/eu-legislation/eurlex-full-text/20260823T093000Z/32023R1114.pdf · sha256 32c6d21e712dbb719a9a6b2d39e85133f3059d9e02d8d9ce70d35332bd568b8b · saved and fingerprinted 20260823T093000Z · Recital (52); PDF page 7; derived-text line 466

Legal text reproduced from the official source under Commission Decision 2011/833/EU. Only the official publication is authentic. This page shows our saved copy of the text. It is not advice and does not decide whether any provision applies to anyone.