execution of orders for crypto-assets on behalf of clients

Definition of execution of orders for crypto-assets on behalf of clients from Regulation (EU) 2023/1114, Article 3(1), point (21).

Defined term	execution of orders for crypto-assets on behalf of clients
Source	MiCA
Reference	Article 3(1), point (21)
Status	Published
Refresh rule	Regenerate after source legal-text changes

Definition

(21) 'execution of orders for crypto-assets on behalf of clients' means the conclusion of agreements, on behalf of clients, to purchase or sell one or more crypto-assets or the subscription on behalf of clients for one or more crypto-assets, and includes the conclusion of contracts to sell crypto-assets at the moment of their offer to the public or admission to trading;

Source

MiCA, Article 3(1), point (21).

Used In MiCA

• Article 60
• Article 78
• Article 87