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Recital 62

MiCA Recital 62 β€” Regulation (EU) 2023/1114.

Instrument

Regulation (EU) 2023/1114 (MiCA)

Source

EUR-Lex

Status

In force

Review rule

Legal-text changes require human review

(62)

Where asset-referenced tokens pose a serious threat to the smooth operation of payment systems, monetary policy transmission or monetary sovereignty, central banks should be able to request the competent authority to withdraw the authorisation of the issuer of those asset-referenced tokens. Where asset-referenced tokens pose a threat to the smooth operation of payment systems, monetary policy transmission or monetary sovereignty, central banks should be able to request the competent authority to limit the amount of those asset-referenced tokens to be issued, or to impose a minimum denomination amount.

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