Responsibilities within the FMA

The following responsibilities are assigned within the FMA:

• Financial Institutions Division:

• The offer to the public and application for admission to trading of asset-referenced tokens (ARTs)
• The offer to the public and application for admission to trading of e-money tokens (EMTs)

• Asset Management and Markets Division:

• The offer to the public and application for admission to trading of crypto-assets other than ARTs and EMTs (Title II tokens)
• The authorisation and supervision of crypto-asset service providers (CASPs)
• Registration and ad hoc supervision of TT service providers