// definition
ART
Asset-referenced token
Short definition
A MiCA category of cryptoasset, distinct from an e-money token, that aims to keep a stable value by reference to a value, a right or a combination, potentially including one or more official currencies. The token’s reference and the composition of its reserve require separate examination.
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Primary sources
- MiCA, Article 3: definitionsPoint 6: reference to a value, a right or a combination.