ANNEX IV - MINIMUM CAPITAL REQUIREMENTS FOR CRYPTO-ASSET SERVICE PROVIDERS
Info
🔗 Back to Summary. 🇫🇷 French Version: 2023R1114_FR.IIII. Link to the PDF. Direct link to EUR-LEX.
Article III – DISCLOSURE ITEMS FOR THE CRYPTO-ASSET WHITE PAPER FOR AN E-MONEY TOKEN ⬅️ | ➡️ Article V – LIST OF INFRINGEMENTS REFERRED TO IN TITLES III AND VI FOR ISSUERS OF SIGNIFICANT ASSET-REFERENCED TOKENS
Crypto-asset service providers
Type of crypto-asset services
Minimum capital requirements under Article 67(1), point (a)
Class 1
Crypto-asset service provider authorised for the following crypto-asset services:
— execution of orders on behalf of clients;
— placing of crypto-assets;
— providing transfer services for crypto-assets on behalf of clients;
— reception and transmission of orders for crypto-assets on behalf of clients;
— providing advice on crypto-assets; and/or
— providing portfolio management on crypto-assets.
EUR 50 000
Class 2
Crypto-asset service provider authorised for any crypto-asset services under class 1 and:
— providing custody and administration of crypto-assets on behalf of clients;
— exchange of crypto-assets for funds; and/or
— exchange of crypto-assets for other crypto-assets.
EUR 125 000
Class 3
Crypto-asset service provider authorised for any crypto-asset services under class 2 and:
— operation of a trading platform for crypto-assets.
EUR 150 000# Table 1 in anx_IV
| Crypto-asset service providers | Type of crypto-asset services | Minimum capital requirements under Article 67(1), point (a) |
|---|---|---|
| Class 1 | Crypto-asset service provider authorised for the following crypto-asset services:— execution of orders on behalf of clients;— placing of crypto-assets;— providing transfer services for crypto-assets on behalf of clients;— reception and transmission of orders for crypto-assets on behalf of clients;— providing advice on crypto-assets; and/or— providing portfolio management on crypto-assets. | EUR 50 000 |
| Class 2 | Crypto-asset service provider authorised for any crypto-asset services under class 1 and:— providing custody and administration of crypto-assets on behalf of clients;— exchange of crypto-assets for funds; and/or— exchange of crypto-assets for other crypto-assets. | EUR 125 000 |
| Class 3 | Crypto-asset service provider authorised for any crypto-asset services under class 2 and:— operation of a trading platform for crypto-assets. | EUR 150 000 |