Updated 14/03/2025
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Article 1 - Delegated Regulation 2025/299

Article 1

Definitions

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

(a)

critical or important function’ means a critical or important function as defined in Article 3, point (22), of Regulation (EU) 2022/2554;

(b)

permissionless distributed ledger’ means a specific type of distributed ledger in which no entity controls the distributed ledger and DLT network nodes can be set up by any person complying with the technical requirements and the protocols of that distributed ledger.