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🔗 Back to Summary. 🇫🇷 French Version: 2023R1114_FR.97. Open the PDF. Direct link to EUR-LEX.
Article 96 – Cooperation with EBA and ESMA ⬅️ | ➡️ Article 98 – Cooperation with other authorities
Article 97 - Promotion of convergence on the classification of crypto-assets
1.
By 30 December 2024, the ESAs shall jointly issue guidelines in accordance with 2010, 2010 and 2010 to specify the content and form of the explanation accompanying the crypto-asset white paper referred to in Article 8(4) and of the legal opinions on the qualification of asset-referenced tokens referred to in Article 17(1), point (b)(ii), and Article 18(2), point (e). The guidelines shall include a template for the explanation and the opinion and a standardised test for the classification of crypto-assets.
2.
The ESAs shall, in accordance with 2010, 2010 and 2010, respectively, promote discussion among competent authorities on the classification of the crypto-assets, including on the classification of those crypto-assets that are excluded from the scope of this Regulation pursuant to Article 2(3). The ESAs shall also identify the sources of potential divergences in the approaches of the competent authorities to the classification of those crypto-assets and shall, to the extent possible, promote a common approach thereto.
3.
Competent authorities of the home or the host Member States may request ESMA, EIOPA or EBA, as appropriate, for an opinion on the classification of crypto-assets, including those that are excluded from the scope of this Regulation pursuant to Article 2(3). ESMA, EIOPA or EBA, as applicable, shall provide such opinion in accordance with 2010, 2010 and 2010, as applicable, within 15 working days of receipt of the request from the competent authorities.
4.
The ESAs shall jointly draw up an annual report based on the information contained in the register referred to in Article 109 and on the results of their work referred to in paragraphs 2 and 3 of this Article, identifying difficulties in the classification of crypto-assets and divergences in the approaches of the competent authorities.