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GOVERNANCE & LEGAL · TERM 42 OF 67

MiCA

Markets in Crypto-Assets Regulation (EU) 2023/1114

All terms
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01DefinitionEuropean Parliament and Council of the European Union

Comprehensive European Union regulatory framework for crypto-assets, utility tokens, and stablecoins.

01 / CANONICAL DEFINITION

What it means.

The Markets in Crypto-Assets (MiCA) regulation harmonizes crypto-asset law across all 27 EU member states. It classifies digital assets into Utility Tokens, Asset-Referenced Tokens (ARTs), and Electronic Money Tokens (EMTs), imposing strict capital reserve, transparency, and operational resilience mandates on issuers and service providers.

02 / ROLE IN TRUSTEDTRUCKS

Where it is used.

Governs the legal structure and issuance parameters of TTRUX (Utility Token) and GOTTT (Governance Token). Ensures TTRUX complies with utility token exemptions under Article 16, prohibiting speculative financial derivative structures.

03 / TECHNICAL SPECIFICATION

Requires audited whitepaper publication, mandatory reserve holding ratios, prevention of insider dealing, and strict separation between platform service fees and speculative secondary trading.

04 / WHAT IT MUST NOT IMPLY

Read it carefully.

TTRUX is a logistics utility token; it is not a collective investment undertaking, money market fund, or bank deposit.

05 / RELATED SPECIFICATIONS
  • TT-FRD-TTC-001
  • TT-SPEC-TOKENOMICS-STAKING-001
02Related4 CONNECTED TERMS
  1. 01TTRUXTrustedTrucks Platform Utility Token (ERC-20)The burnable operational execution fuel powering cryptographic ePoD notarization, escrow locks, and freight lifecycle stage fees on GoQuorum Raft.Blockchain & Web3
  2. 02GOTTTGovernance of TrustedTrucks Token (ERC-20 + Votes)The sovereign stewardship and quadratic governance token (Source S, 1B fixed supply) conferring voting power over protocol parameters and bylaws.Blockchain & Web3
  3. 03PT-0Participant Tier 0: Protocol Governance & Infrastructure AuthorityThe foundational protocol tier comprising the executive board, consortium investors, and network infrastructure operators.Governance & Architecture
  4. 04HSMHardware Security Module (FIPS 140-2 Level 3)Tamper-resistant dedicated hardware designed to generate, store, and manage cryptographic keys securely.Security & Cryptography