MiCA Defined Terms

Crypto-Asset White Paper

A document containing required disclosures about a crypto-asset offering — notified to the home NCA before public offering.

Definition

A crypto-asset white paper is the disclosure document required under MiCA Articles 6, 19, and 51 (depending on token type) before a public offer or admission to trading. Content is specified by ESMA RTS. The home NCA receives the white paper notification at least 20 working days before the offer commences.