Agent · mica-2023-1114-91

MiCA artikel 91: Prohibition of market manipulation

Structural tree: the article's own paragraphs, verbatim.

CELEX 32023R1114 · 2026-08-18 · Weight 66 · minimal-risk

OpenOpen reading. No metering is planned for this class.

MiCAOfficial source

Inputs

• in_scopeThe article applies to the situationboolean
• punktParagraph of the articleenum (1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14)

Rule tree

1. If: alla(in_scope = true, punkt = 1)

   Paragraph 1 applies

   1. No person shall engage in or attempt to engage in market manipulation.

   Paragraph 1

2. If: alla(in_scope = true, punkt = 2)

   Paragraph 2 applies

   2. For the purposes of this Regulation, market manipulation shall comprise any of the following activities:

   Paragraph 2

3. If: alla(in_scope = true, punkt = 3)

   Paragraph 3 applies

   (a)

   Paragraph 3

4. If: alla(in_scope = true, punkt = 4)

   Paragraph 4 applies

   unless carried out for legitimate reasons, entering into a transaction, placing an order to trade or engaging in any other behaviour which:

   Paragraph 4

5. If: alla(in_scope = true, punkt = 5)

   Paragraph 5 applies

   (i)

   Paragraph 5

6. If: alla(in_scope = true, punkt = 6)

   Paragraph 6 applies

   gives, or is likely to give, false or misleading signals as to the supply of, demand for, or price of, a crypto-asset;

   Paragraph 6

7. If: alla(in_scope = true, punkt = 7)

   Paragraph 7 applies

   (ii)

   Paragraph 7

8. If: alla(in_scope = true, punkt = 8)

   Paragraph 8 applies

   secures, or is likely to secure, the price of one or several crypto-assets at an abnormal or artificial level;

   Paragraph 8

9. If: alla(in_scope = true, punkt = 9)

   Paragraph 9 applies

   (b)

   Paragraph 9

10. If: alla(in_scope = true, punkt = 10)

    Paragraph 10 applies

    entering into a transaction, placing an order to trade or any other activity or behaviour which affects or is likely to affect the price of one or several crypto-assets, while employing a fictitious device or any other form of deception or contrivance;

    Paragraph 10

11. If: alla(in_scope = true, punkt = 11)

    Paragraph 11 applies

    (c)

    Paragraph 11

12. If: alla(in_scope = true, punkt = 12)

    Paragraph 12 applies

    disseminating information through the media, including the internet, or by any other means, which gives, or is likely to give, false or misleading signals as to the supply of, demand for, or price of one or several crypto-assets, or secures or is likely to secure, the price of one or several crypto-assets, at an abnormal or artificial level, including the dissemination of rumours, where the person who engaged in the…

    Paragraph 12

13. If: alla(in_scope = true, punkt = 13)

    Paragraph 13 applies

    3. The following behaviour shall, inter alia, be considered market manipulation:

    Paragraph 13

14. If: alla(in_scope = true, punkt = 14)

    Paragraph 14 applies

    (a)

    Paragraph 14

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

1. 11. No person shall engage in or attempt to engage in market manipulation.
2. 22. For the purposes of this Regulation, market manipulation shall comprise any of the following activities:
3. 3(a)
4. 4unless carried out for legitimate reasons, entering into a transaction, placing an order to trade or engaging in any other behaviour which:
5. 5(i)
6. 6gives, or is likely to give, false or misleading signals as to the supply of, demand for, or price of, a crypto-asset;
7. 7(ii)
8. 8secures, or is likely to secure, the price of one or several crypto-assets at an abnormal or artificial level;
9. 9(b)
10. 10entering into a transaction, placing an order to trade or any other activity or behaviour which affects or is likely to affect the price of one or several crypto-assets, while employing a fictitious device or any other form of deception or contrivance;
11. 11(c)
12. 12disseminating information through the media, including the internet, or by any other means, which gives, or is likely to give, false or misleading signals as to the supply of, demand for, or price of one or several crypto-assets, or secures or is likely to secure, the price of one or several crypto-assets, at an abnormal or artificial level, including the dissemination of rumours, where the person who engaged in the dissemination knew, or ought to have known, that the information was false or misleading.
13. 133. The following behaviour shall, inter alia, be considered market manipulation:
14. 14(a)

No legal advice. Deterministisk regeluppslagning. Ingen juridisk rådgivning, inget efterlevnadsbeslut, ingen bedömning av ett enskilt ärende.

Citation: 32023R1114 art. 91, Prohibition of market manipulation. ExploreWorld Legal, https://legal.exploreworldai.com/agent/mica-2023-1114/artikel-91 (hämtad 2026-08-18, bevis sha256:e2f6e733a229653d, bygge legal-2026-08-25).