By mandating machine-readable disclosures, Europe has transformed white papers from narrative documents into regulatory data objects. By mandating machine-readable disclosures, Europe has transformed white papers from narrative documents into regulatory data objects. The result is a market where issuance is no longer interpreted primarily by humans, but ingested, compared, flagged, and surveilled by systems. From disclosure documents to market telemetryUnder the new MiCA implementation rules, issuers of crypto assets must submit their white papers using ESMA’s prescribed iXBRL taxonomy. The era of persuasive white papers is ending.

Source: dna January 13, 2026 06:47 UTC