Agent · mica-2023-1114-40
MiCA artikel 40: Prohibition of granting interest
Structural tree: the article's own paragraphs, verbatim.
CELEX 32023R1114 · 2026-08-18 · Weight 74 · minimal-risk
OpenOpen reading. No metering is planned for this class.
- What this page is
- Agent, MiCA artikel 40
- Checked against the official source
- 2026-08-18Current
- Responsible publisher
- ExploreWorld Legal, editorial deskLiability position
Short answer
What does MiCA Article 40 require, and what outcome does the rule tree give?
MiCA Article 40 is tested here by a deterministic rule tree of 3 rules, built from the article's own conditions. The tree reads your facts and names the outcome that applies, starting with Paragraph 1 applies, carrying paragraph citation, content hash and read date 2026-08-18 against CELEX 32023R1114. The outcome is a machine classification, not a compliance decision.
MiCA Article 40Checked against the publisher 2026-08-18Official text
- Paragraph 1 applies. 1. Issuers of asset-referenced tokens shall not grant interest in relation to asset-referenced tokens.
- Paragraph 2 applies. 2. Crypto-asset service providers shall not grant interest when providing crypto-asset services related to asset-referenced tokens.
- Paragraph 3 applies. 3. For the purposes of paragraphs 1 and 2, any remuneration or any other benefit related to the length of time during which a holder of asset-referenced tokens holds such asset-referenced tokens shall be treated as interest. That includes net compensation or discounts, with an effect equivalent to that of interest received by the holder of asset-referenced tokens, directly from the issuer or from third parties, and d…
A source reference, not legal advice.
Jurisdiction
The same agent, read through one country's lens.
Inputs
- in_scopeThe article applies to the situationboolean
- punktParagraph of the articleenum (1 | 2 | 3)
Rule tree
If: alla(in_scope = true, punkt = 1)
Paragraph 1 applies
1. Issuers of asset-referenced tokens shall not grant interest in relation to asset-referenced tokens.
Paragraph 1
If: alla(in_scope = true, punkt = 2)
Paragraph 2 applies
2. Crypto-asset service providers shall not grant interest when providing crypto-asset services related to asset-referenced tokens.
Paragraph 2
If: alla(in_scope = true, punkt = 3)
Paragraph 3 applies
3. For the purposes of paragraphs 1 and 2, any remuneration or any other benefit related to the length of time during which a holder of asset-referenced tokens holds such asset-referenced tokens shall be treated as interest. That includes net compensation or discounts, with an effect equivalent to that of interest received by the holder of asset-referenced tokens, directly from the issuer or from third parties, and d…
Paragraph 3
If no rule matches: The article is not stated to apply, or no paragraph is selected. The agent abstains rather than guesses.
The article text as read
- 11. Issuers of asset-referenced tokens shall not grant interest in relation to asset-referenced tokens.
- 22. Crypto-asset service providers shall not grant interest when providing crypto-asset services related to asset-referenced tokens.
- 33. For the purposes of paragraphs 1 and 2, any remuneration or any other benefit related to the length of time during which a holder of asset-referenced tokens holds such asset-referenced tokens shall be treated as interest. That includes net compensation or discounts, with an effect equivalent to that of interest received by the holder of asset-referenced tokens, directly from the issuer or from third parties, and directly associated to the asset-referenced tokens or from the remuneration or pricing of other products.
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Artefacts
No legal advice. Deterministisk regeluppslagning. Ingen juridisk rådgivning, inget efterlevnadsbeslut, ingen bedömning av ett enskilt ärende.
Citation: 32023R1114 art. 40, Prohibition of granting interest. ExploreWorld Legal, https://legal.exploreworldai.com/agent/mica-2023-1114/artikel-40 (hämtad 2026-08-18, bevis sha256:8d605ae72909d4af, bygge legal-2026-08-25).