Article 54 Investment of funds received in exchange for e-money tokens

at least 30 % of the funds received is always deposited in separate accounts in credit institutions;

the remaining funds received are invested in secure, low-risk assets that qualify as highly liquid financial instruments with minimal market risk, credit risk and concentration risk, in accordance with Article 38(1) of this Regulation, and are denominated in the same official currency as the one referenced by the e-money token.