The European Central Bank, in collaboration with the European Commission and ESMA, is seeking nominations for a stakeholder group focused on developing tokenisation standards in finance. This initiative aims to enhance consistency in the regulatory classification of tokenised assets within the financial sector. The deadline for submitting nominations is 11 September 2026.
This initiative is part of the broader regulatory framework established under the Markets in Crypto-assets Regulation (MiCAR), specifically addressing the classification of crypto-assets. The relevant provisions are outlined in Article 97(1) of Regulation (EU) 2023/1114, which mandates the ESAs to issue guidelines to specify the content and form of explanations accompanying crypto-asset white papers.
The stakeholder group is intended for stakeholders from the wholesale financial industry, including banks, investment firms, and other financial institutions involved in the issuance and management of tokenised assets. These entities are encouraged to participate in shaping the regulatory standards for tokenisation.
The establishment of this group reflects a growing recognition of the importance of tokenisation in financial services. Entities interested in contributing to the development of these standards should prepare their nominations by the specified deadline of 11 September 2026.