> For the complete documentation index, see [llms.txt](https://www.mica.wtf/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.mica.wtf/mica/title-iii-asset-referenced-tokens-art.-16-47/chapter-3/article-40.md).
# Article 40
| | |
| --------------- | ------------------------------------------------------------------------------- |
| **Instrument** | Regulation (EU) 2023/1114 (MiCA) |
| **Source** | [EUR-Lex](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114) |
| **Status** | In force |
| **Review rule** | Legal-text changes require human review |
### Prohibition of granting interest
1. [Issuers](https://www.mica.wtf/definitions/definitions/mica/issuer) of [asset-referenced tokens](https://www.mica.wtf/definitions/definitions/mica/asset-referenced-token) shall not grant interest in relation to asset-referenced tokens.
2. [Crypto-asset service providers](https://www.mica.wtf/definitions/definitions/mica/crypto-asset-service-provider) shall not grant interest when providing crypto-asset services related to [asset-referenced tokens](https://www.mica.wtf/definitions/definitions/mica/asset-referenced-token).
3. For the purposes of paragraphs 1 and 2, any remuneration or any other benefit related to the length of time during which a holder of asset-referenced tokens holds such asset-referenced tokens shall be treated as interest. That includes net compensation or discounts, with an effect equivalent to that of interest received by the holder of asset-referenced tokens, directly from the [issuer](https://www.mica.wtf/definitions/definitions/mica/issuer) or from third parties, and directly associated to the asset-referenced tokens or from the remuneration or pricing of other products.
### Related
* [crypto-asset service](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/crypto-asset-service.md) — definition used in this article
* [crypto-asset](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/crypto-asset.md) — definition used in this article
* [crypto-asset](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/tofr/crypto-asset.md) — definition used in this article
* [issuer](https://github.com/jakesenfti/micawtf/blob/main/spaces/definitions/mica/issuer.md) — definition used in this article
* [Guidance Note for Issuers of Asset-Referenced Tokens and E-Money Tokens](broken://pages/87zL0n2ZroDtOhA4twUw) — national implementation reference
* [Authorisation of issuers of asset-referenced tokens](broken://pages/JytTaZO6i9dkpI3eYOXm) — national implementation reference
---
# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.
## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:
```
GET https://www.mica.wtf/mica/title-iii-asset-referenced-tokens-art.-16-47/chapter-3/article-40.md?ask=&goal=
```
`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.