For the purposes of this Regulation, the following definitions apply:
(1)‘crypto-asset’ means a crypto-asset as defined in Article 3(1), point (5), of Regulation (EU) 2023/1114 of the European Parliament and of the Council (^{16})(^{20}) that is not a central bank digital currency;
(2)‘electronic money token’ or ‘e-money token’ means an electronic money token or e-money token as defined in Article 3(1), point (7), of Regulation (EU) 2023/1114;
(3)‘crypto-asset exposure’ means an asset or an off-balance-sheet item related to a crypto-asset that gives rise to credit risk, counterparty credit risk, market risk, operational risk or liquidity risk;
(4)‘traditional asset’ means any asset other than a crypto-asset, including:
(a)financial instruments as defined in Article 4(1), point (50), of this Regulation;
(b)funds as defined in Article 4, point (25), of Directive (EU) 2015/2366;
(c)deposits as defined in Article 2(1), point (3), of Directive 2014/49/EU of the European Parliament and of the Council (^{17}),(^{21}), including structured deposits;
(d)securitisation positions in the context of a securitisation as defined in Article 2, point (1), of Regulation (EU) 2017/2402;
(e)non-life or life insurance products falling within the classes of insurance listed in Annexes I and II to Directive 2009/138/EC or reinsurance and retrocession contracts referred to in that Directive;
(f)pension products that, under national law, are recognised as having the primary purpose of providing the investor with an income in retirement and that entitle the investor to certain benefits;
(g)officially recognised occupational pension schemes within the scope of Directive (EU) 2016/2341 of the European Parliament and of the Council (^{18})(^{22}) or Directive 2009/138/EC;
(h)individual pension products for which a financial contribution from the employer is required by national law and where the employer or the employee has no choice as to the pension product or provider;
(i)a pan-European Personal Pension Product as defined in Article 2, point (2), of Regulation (EU) 2019/1238 of the European Parliament and of the Council (^{19});(^{23});
(j)social security schemes covered by Regulation (EC) No 883/2004 of the European Parliament and of the Council (^{20})(^{24}) and Regulation (EC) No 987/2009 of the European Parliament and of the Council (^{21});(^{25});
(5)‘tokenised traditional asset’ means a type of crypto-asset that represents a traditional asset, including an e-money token;
(6)‘asset-referenced token’ means an asset-referenced token as defined in Article 3(1), point (6), of Regulation (EU) 2023/1114;
(7)‘crypto-asset service’ means a crypto-asset service as defined in Article 3(1), point (16), of Regulation (EU) 2023/1114.