New data‑format and record‑keeping obligations were added, requiring crypto‑asset service providers to use a standardized JSON schema for order‑book data and to adopt iXBRL formatting for white papers.
Before
No specific technical format or data‑standard obligations were set for order‑book records or white‑paper filings.
After
Providers must submit order‑book records using a standardised JSON schema and must prepare white papers in iXBRL format as of the specified dates.
Source: ESMA — MiCA CASP Authorization & Guidance
View original source →What this means for you
Centralized Exchange
Review soonWhy this matters
As a CEX, the company controls the order book and is responsible for reporting obligations to regulators. The requirement to use a standardized JSON schema for order-book data directly impacts its core operational reporting infrastructure.
What to do
Update the order-book data export pipeline to conform to the new standardized JSON schema.
DeFi Protocol
Doesn't applyWhy this matters
The profile is a fully decentralized protocol with no identifiable operator or service provider. Since there is no central entity to act as a 'crypto-asset service provider,' there is no party responsible for submitting records or formatting white papers.
Custodian
Doesn't applyWhy this matters
The company profile explicitly states that the custodian is not responsible for trade execution rules and does not necessarily operate a trading venue, meaning it does not maintain an order book. Additionally, as a service provider focused on asset holding rather than token issuance, it does not produce white papers.