ESMA_QA_2671
09/05/2025
Subject Matter
Exemption from white paper requirements when offering a crypto-asset other than an ART or EMT
Original question
Is the preparation of a white paper under MiCA mandatory for crypto-asset offerings that fall under the exceptions in Article 4(2) and 4(3) of MiCA, where the offeror only intends to have the token traded on DEX platforms or CEXs in other jurisdictions (i.e. outside the European Union)?
Status: Question Published
Additional Information
Level 1 Regulation
MiCA
Topic
White paper