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Article 27

MiCA Article 27 β€” Obligation to act honestly, fairly and professionally in the best interest of the holders of asset-referenced tokens.

Instrument

Regulation (EU) 2023/1114 (MiCA)

Source

Status

In force

Review rule

Legal-text changes require human review

Obligation to act honestly, fairly and professionally in the best interest of the holders of asset-referenced tokens

  1. Issuers of asset-referenced tokens shall act honestly, fairly and professionally and shall communicate with the holders and prospective holders of asset-referenced tokens in a fair, clear and not misleading manner.

  2. Issuers of asset-referenced tokens shall act in the best interests of the holders of such tokens and shall treat them equally, unless any preferential treatment is disclosed in the crypto-asset white paper and, where applicable, the marketing communications.

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