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EU regulatory register · MiCA

Article 24Withdrawal of the authorisation

CELEX 32023R1114 · Read on 2026-08-18

Official text

Read from the EU Publications Office for this CELEX number. The wording stands as published; nothing here is rewritten or summarised.

1. Competent authorities shall withdraw the authorisation of an issuer of an asset-referenced token in any of the following situations:

(a)

the issuer has ceased to engage in business for six consecutive months, or has not used its authorisation for 12 consecutive months;

(b)

the issuer has obtained its authorisation by irregular means, such as by making false statements in the application for authorisation referred to in Article 18 or in any crypto-asset white paper modified in accordance with Article 25;

(c)

the issuer no longer meets the conditions under which the authorisation was granted;

(d)

the issuer has seriously infringed the provisions of this Title;

(e)

the issuer has been subject to a redemption plan;

(f)

the issuer has expressly renounced its authorisation or has decided to cease operations;

(g)

The article continues in the official text.

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The text is quoted from the official source and is not legal advice. A national court reads the language version that binds in its jurisdiction.

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