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Banking Rule Book
Text applicable on 7 Oct 2026Consolidated version of 26 Jun 2026In forceUpcoming changefrom 1 Jan 2027Unofficial text · authentic on EUR-Lex (opens in a new tab)

CRR Article 5a — as applicable on 7 Oct 2026 (version of 26 Jun 2026)

Article 5a

Definitions specific to crypto-assets

For the purposes of this Regulation, the following definitions apply:

(1)

‘crypto-asset’ means a crypto-asset as defined in Article 3(1), point (5) (opens EUR-Lex in a new tab), of Regulation (EU) 2023/1114 (opens EUR-Lex in a new tab) of the European Parliament and of the Council ((20)) that is not a central bank digital currency;

(2)

‘electronic money token’ or ‘e-money token’ means an electronic money token or e-money token as defined in Article 3(1), point (7) (opens EUR-Lex in a new tab), of Regulation (EU) 2023/1114 (opens EUR-Lex in a new tab);

(3)

‘crypto-asset exposure’ means an asset or an off-balance-sheet item related to a crypto-asset that gives rise to credit risk, counterparty credit risk, market risk, operational risk or liquidity risk;

(4)

‘traditional asset’ means any asset other than a crypto-asset, including:

(a)

financial instruments as defined in Article 4(1), point (50), of this Regulation;

(b)

funds as defined in Article 4, point (25) (opens EUR-Lex in a new tab), of Directive (EU) 2015/2366 (opens EUR-Lex in a new tab);

(c)

deposits as defined in Article 2(1), point (3), of Directive 2014/49/EU of the European Parliament and of the Council ((21)), including structured deposits;

(d)

securitisation positions in the context of a securitisation as defined in Article 2, point (1), of Regulation (EU) 2017/2402;

(e)

non-life or life insurance products falling within the classes of insurance listed in Annexes I (opens EUR-Lex in a new tab) and II (opens EUR-Lex in a new tab) to Directive 2009/138/EC (opens EUR-Lex in a new tab) or reinsurance and retrocession contracts referred to in that Directive;

(f)

pension products that, under national law, are recognised as having the primary purpose of providing the investor with an income in retirement and that entitle the investor to certain benefits;

(g)

officially recognised occupational pension schemes within the scope of Directive (EU) 2016/2341 (opens EUR-Lex in a new tab) of the European Parliament and of the Council ((22)) or Directive 2009/138/EC (opens EUR-Lex in a new tab);

(h)

individual pension products for which a financial contribution from the employer is required by national law and where the employer or the employee has no choice as to the pension product or provider;

(i)

a pan-European Personal Pension Product as defined in Article 2, point (2) (opens EUR-Lex in a new tab), of Regulation (EU) 2019/1238 (opens EUR-Lex in a new tab) of the European Parliament and of the Council ((23));

(j)

social security schemes covered by Regulation (EC) No 883/2004 (opens EUR-Lex in a new tab) of the European Parliament and of the Council ((24)) and Regulation (EC) No 987/2009 (opens EUR-Lex in a new tab) of the European Parliament and of the Council ((25));

(5)

‘tokenised traditional asset’ means a type of crypto-asset that represents a traditional asset, including an e-money token;

(6)

‘asset-referenced token’ means an asset-referenced token as defined in Article 3(1), point (6) (opens EUR-Lex in a new tab), of Regulation (EU) 2023/1114 (opens EUR-Lex in a new tab);

(7)

‘crypto-asset service’ means a crypto-asset service as defined in Article 3(1), point (16) (opens EUR-Lex in a new tab), of Regulation (EU) 2023/1114 (opens EUR-Lex in a new tab).