The rule.
“consistent with the information in the crypto-asset white paper”
Verbatim extract, read on 4 November 2026 from the source below. Everything else on this page is NorthPoint’s plain-English reading.
What it requires.
- Every factual claim in a campaign — supply, utility, roadmap, rights attached to the token — must be one the white paper also makes, in substance and in tone.
- When the white paper changes, the campaign changes with it. Old creative that still runs is part of the marketing.
Who it applies to.
Marketing communications for a crypto-asset other than an asset-referenced token or an e-money token, where a crypto-asset white paper is required under Article 4 or 5.
Common violations in marketing copy.
Hold [Token] and earn a share of platform revenue.
If the white paper describes a utility token with no revenue right, the ad claims a right the white paper does not grant.
Mainnet and three exchange listings in Q1.
A dated promise the white paper does not make, or makes with caveats, is inconsistent with it.
Non-compliant vs compliant.
“[Token] holders vote on treasury spending and share in fees.”
“[Token] gives access to [specific service], as described in section [X] of the white paper. It carries no right to fees or profits.”
Related rules.
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Article 7(1)(a) · European Union
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Article 7(1)(b) · European Union
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Article 7(1)(d) · European Union
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Article 7(1)(e) · European Union
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Article 7(2) · European Union
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Article 6(4) · European Union
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Markets in Crypto-Assets Regulation (EU) 2023/1114.
Source.
| Instrument | Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA) |
|---|---|
| Provision | Article 7(1)(c) |
| Primary source | https://www.esma.europa.eu/publications-and-data/interactive-single-rulebook/mica/article-7-marketing-communications |
| Official text | https://eur-lex.europa.eu/eli/reg/2023/1114/oj/eng |
| Read from | ESMA Interactive Single Rulebook, one page per article (ESMA's own publication of the MiCA text) |
| Checked |
This page is general, sourced information for marketing teams, not legal advice. The examples are written by NorthPoint to illustrate the rule; for a binding view on your own promotion, retain qualified counsel in the jurisdiction concerned.