art_119__para_2

2. A college referred to in paragraph 1 shall consist of: EBA; ESMA; the competent authorities of the home Member State where the issuer of the significant asset-referenced token or of the significant e-money token is established; the competent authorities of the most relevant crypto-asset service providers, credit institutions or investment firms ensuring the custody of the reserve assets in accordance with Article 37 or of the funds received in exchange of the significant e-money tokens; where applicable, the competent authorities of the most relevant trading platforms for crypto-assets where the significant asset-referenced tokens or the significant e-money tokens are admitted to trading; the competent authorities of the most relevant payment service providers providing payment services in relation to the significant e-money tokens; where applicable, the competent authorities of the entities ensuring the functions as referred to in Article 34(5), first subparagraph, point (h); where applicable, the competent authorities of the most relevant crypto-asset service providers providing custody and administration of crypto-assets on behalf of clients in relation to the significant asset-referenced tokens or with the significant e-money tokens; the ECB; where the issuer of the significant asset-referenced token is established in a Member State whose official currency is not the euro, or where an official currency that is not the euro is referenced by the significant asset-referenced token, the central bank of that Member State; where the issuer of the significant e-money token is established in a Member State whose official currency is not the euro, or where an official currency that is not the euro is referenced by the significant e-money token, the central bank of that Member State; competent authorities of Member States where the asset-referenced token or the e-money token is used at large scale, at their request; relevant supervisory authorities of third countries with which EBA has concluded administrative agreements in accordance with Article 126.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.