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EU regulatory register · MiCA

Article 94Powers of competent authorities

CELEX 32023R1114 · Read on 2026-08-18

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Short answer

1. In order to perform their duties under Titles II to VI of this Regulation, competent authorities shall have, in accordance with national law, at least the following supervisory and investigative powers:

Verbatim from the article. Source: NovaCopilot · https://legal.exploreworldai.com/eu/rattsakter/mica-2023-1114/artikel-94 · Short answer as data · Official text

MiCA, crypto-assets in short

Crypto-asset service providers need authorisation, and issuers need a white paper. Stablecoins have special rules.

Source: NovaCopilot

Official text

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

1. In order to perform their duties under Titles II to VI of this Regulation, competent authorities shall have, in accordance with national law, at least the following supervisory and investigative powers:

(a)

to require any person to provide information and documents which the competent authorities consider could be relevant for the performance of their duties;

(b)

to suspend, or to require a crypto-asset service provider to suspend, the provision of crypto-asset services for a maximum of 30 consecutive working days on any single occasion where there are reasonable grounds for suspecting that this Regulation has been infringed;

(c)

to prohibit the provision of crypto-asset services where they find that this Regulation has been infringed;

(d)

to disclose, or to require a crypto-asset servicer provider to disclose, all material information which might have an effect on the provision of the crypto-asset services concerned, in order to ensure the protection of the interests of clients, in particular retail holders, or the smooth operation of the market;

(e)

to make public the fact that a crypto-asset service provider fails to fulfil its obligations;

(f)

to suspend, or to require a crypto-asset service provider to suspend, the provision of crypto-asset services where the competent authorities consider that the crypto-asset service provider’s situation is such that the provision of the crypto-asset service would be detrimental to the interests of clients, in particular retail holders;

(g)

The article continues in the official text.

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