The following two delegated regulations made under Article 76(16) of Markets in Cryptoassets Regulation (MiCAR) have been published in the Official Journal of the European Union:
- Commission Delegated Regulation (EU) 2025/416 of 29 November 2024 on regulatory technical standards (RTS) specifying the content and format of order book records for cryptoasset service providers (CASPs) operating a trading platform for cryptoassets. The RTS set out in Articles 2 to 15 the details of each order in cryptoassets advertised through a CASP's systems the relevant CASP is required to keep at the disposal of the competent authority, or give the competent authority access to, in the format laid down in Tables 2 and 3 of the Annex.
- Commission Delegated Regulation (EU) 2025/417 of 28 November 2024 supplementing MiCAR with regard to RTS specifying the manner in which CASPs operating a trading platform for cryptoassets are to present transparency data. The RTS specify the general principles of presentation of the information on operating rules for trading platforms, pre- and post-trade transparency requirements, real time publication of transactions, and disaggregation of pre- and post-trade data requirements.
Both delegated regulations will enter into force on 3 April.
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