Article 53 governs marketing communications for EMTs. Article 54 requires funds received in exchange for EMTs to be invested in safeguarding accounts at credit institutions or in highly liquid financial instruments (per EMD2 Article 7 + Article 9 safeguarding rules + MiCA-specific tightening). Article 55 applies the Title III recovery and redemption plans mutatis mutandis. Article 56 establishes significant-EMT classification (parallel to ART). Article 57 enables voluntary significant-EMT classification. Article 58 sets specific additional obligations for significant-EMT issuers + Article 58(4) caps significant-EMT issuance denominated in non-Union currencies where issued by entities other than credit institutions or full-MiCA-authorised EMT issuers.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.