Updated 01/07/2025
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Article 8 - Delegated Regulation 2025/1140

Article 8

Identification of person or computer algorithm within the crypto-asset service provider making the investment decision

1.   Where a person or computer algorithm within a crypto-asset service provider makes the investment decision to acquire or dispose of a specific crypto-asset on behalf of the crypto-asset service provider or on behalf of a client in accordance with a discretionary mandate given by the client, that person or computer algorithm shall be identified and recorded as specified in Field 41 of Table 3 of Section 3 of the Annex.

2.   Where a person and computer algorithm are both involved in taking the investment decision, or more than one person or algorithm are involved in taking that decision, the crypto-asset service provider shall record the person or computer algorithm with primary responsibility for that decision.