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🔗 Back to Summary. 🇫🇷 French Version: 2025R1140_FR.1. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
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Références LVL1 <=> LVL2
Level 1 reference(s): 2023R1114_EN.68 > 10
Article 1 - Definitions
For the purposes of this Regulation, the following definitions shall apply:
(1)
‘transaction’ means the conclusion of an acquisition or disposal of crypto-assets other than the crypto-assets referred to in Article 2(3) and (4) of Regulation (EU) 2023/1114;
(2)
‘undertaking a transaction’ means executing a transaction or transmitting an order for crypto-assets on behalf of a client;
(3)
‘executing a transaction’ means providing any of the following services or performing any of the following activities that result in a transaction:
(a)
reception and transmission of orders for crypto-assets on behalf of clients;
(b)
execution of orders on behalf of clients;
(c)
exchange of crypto-assets for funds or for other crypto-assets;
(d)
making an investment decision in accordance with a discretionary mandate given by a client;
(e)
transfer of crypto-assets to or from accounts.