Regulatory technical standards specifying the manner in which crypto-asset service providers operating a trading platform for crypto-assets are to present transparency data

On 14 March 2025, Commission Delegated Regulation (EU) 2025/417 of 28 November 2024 supplementing Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical standards specifying the manner in which crypto-asset service providers operating a trading platform for crypto-assets are to present transparency data.

The Regulatory Technical Standards (‘RTS’) have been issued on the basis of the delegation contained in Article 76(16) of the MiCA Regulation[1]. Their purpose is to lay down rules for the presentation of information on the functioning of trading platforms. They shall lay down requirements for:

  • pre-trade and post-trade transparency;
  • real time publication of transactions;
  • disaggregation of pre-trade and post-trade data.

The content of the above-mentioned legal act can be consulted at the following link:

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202500417


[1] Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on Markets in crypto-assets and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937 (OJ L 150 9.6.2023, p. 40).

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