+Article 22 1.

Article 22 1.

For each asset-referenced token with an issue value that is higher than EUR 100 000 000 , the issuer shall report on a quarterly basis to the competent authority the following information:

(a) 

the number of holders;

(b) 

the value of the asset-referenced token issued and the size of the reserve of assets;

(c) 

the average number and average aggregate value of transactions per day during the relevant quarter;

(d) 

an estimate of the average number and average aggregate value of transactions per day during the relevant quarter that are associated to its uses as a means of exchange within a single currency area.

For the purposes of points (c) and (d) of the first subparagraph, ‘transaction’ shall mean any change of the natural or legal person entitled to the asset-referenced token as a result of the transfer of the asset-referenced token from one distributed ledger address or account to another.

Transactions that are associated with the exchange for funds or other crypto-assets with the issuer or with a crypto-asset service provider shall not be considered associated to uses of the asset-referenced token as a means of exchange, unless there is evidence that the asset-referenced token is used for the settlement of transactions in other crypto-assets.

1. Panoramica

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1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

Requisiti

3. Standard correlati

Standard