Agent · mica-2023-1114-54
MiCA artikel 54: Investment of funds received in exchange for e-money tokens
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Structural tree: the article's own paragraphs, verbatim.
Also searched as: Markets in Crypto-Assets Regulation article 54 · Regulation (EU) 2023/1114 article 54
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 54
- Checked against the official source
- 2026-08-18Expired
- Responsible publisher
- ExploreWorld Legal, editorial deskLiability position
Short answer
What does MiCA Article 54 require, and what outcome does the rule tree give?
According to NovaCopilot (object nc:en:agent:mica-2023-1114:artikel-54): MiCA Article 54 is tested here by a deterministic rule tree of 5 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. Source: NovaCopilot, nc:en:agent:mica-2023-1114:artikel-54.
MiCA Article 54Official text
- Source reference registered, source text not re-verified
- Paragraph 1 applies. Funds received by issuers of e-money tokens in exchange for e-money tokens and safeguarded in accordance with Article 7(1) of Directive 2009/110/EC shall comply with the following:
- Paragraph 2 applies. (a)
- Paragraph 3 applies. at least 30 % of the funds received is always deposited in separate accounts in credit institutions;
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 | 4 | 5)
Rule tree
If: alla(in_scope = true, punkt = 1)
Paragraph 1 applies
Funds received by issuers of e-money tokens in exchange for e-money tokens and safeguarded in accordance with Article 7(1) of Directive 2009/110/EC shall comply with the following:
Paragraph 1
If: alla(in_scope = true, punkt = 2)
Paragraph 2 applies
(a)
Paragraph 2
If: alla(in_scope = true, punkt = 3)
Paragraph 3 applies
at least 30 % of the funds received is always deposited in separate accounts in credit institutions;
Paragraph 3
If: alla(in_scope = true, punkt = 4)
Paragraph 4 applies
(b)
Paragraph 4
If: alla(in_scope = true, punkt = 5)
Paragraph 5 applies
the remaining funds received are invested in secure, low-risk assets that qualify as highly liquid financial instruments with minimal market risk, credit risk and concentration risk, in accordance with Article 38(1) of this Regulation, and are denominated in the same official currency as the one referenced by the e-money token.
Paragraph 5
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
- 1Funds received by issuers of e-money tokens in exchange for e-money tokens and safeguarded in accordance with Article 7(1) of Directive 2009/110/EC shall comply with the following:
- 2(a)
- 3at least 30 % of the funds received is always deposited in separate accounts in credit institutions;
- 4(b)
- 5the remaining funds received are invested in secure, low-risk assets that qualify as highly liquid financial instruments with minimal market risk, credit risk and concentration risk, in accordance with Article 38(1) of this Regulation, and are denominated in the same official currency as the one referenced by the e-money token.
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No legal advice. Deterministisk regeluppslagning. Ingen juridisk rådgivning, inget efterlevnadsbeslut, ingen bedömning av ett enskilt ärende.
Citation: 32023R1114 art. 54, Investment of funds received in exchange for e-money tokens. NovaCopilot, https://legal.exploreworldai.com/agent/mica-2023-1114/artikel-54 (hämtad 2026-08-18, bevis sha256:1c26529ce59e283c, bygge legal-2026-11-02).