MiCA Defined Terms
Trading Platform for Crypto-Assets
A multilateral system bringing together multiple third-party buying and selling interests in crypto-assets resulting in contracts.
Definition
Per MiCA Article 3(1)(18), a trading platform for crypto-assets is a multilateral system operated or managed by a CASP that brings together multiple third-party buying and selling interests in crypto-assets in a way that results in a contract. Operating a trading platform is a Class 3 CASP service.
Regulatory citation