Commission Delegated Regulation (EU) 2025/421 Article 3: Identification of the crypto-asset and the related white paper

Article 3 - Identification of the crypto-asset and the related white paper

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Article 3

Identification of the crypto-asset and the related white paper

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1. When the ISO 24165 Digital Token Identifier is provided, the crypto-asset white paper shall be identified with a valid identifier of type 3 pertaining to the group of crypto-assets to which the white paper relates.

2. When the ISO 24165 Digital Token Identifier is provided, the crypto-asset or crypto-assets to which the crypto-asset white paper relates shall be individually identified with a valid identifier assigned to each of the crypto-assets to which the white paper relates.

3. When the ISO 24165 Digital Token Identifier is not available, the crypto-asset white paper shall identify the crypto-assets to which the crypto-asset white paper relates, by using a digital token identifier approved by ESMA at Union level, which meets all of the following characteristics:

((a))

unique;

((b))

neutral;

((c))

reliable;

((d))

open source;

((e))

scalable;

((f))

accessible;

((g))

available at a reasonable cost basis; and

((h))

is subject to an appropriate governance framework.