Blockchain

Security Token

A digital token that represents rights in a financial instrument governed by applicable securities law. This is a generic industry term and not the classification of SDA Token, which is a MiCA Title II utility token other than an asset-referenced token or e-money token.

Source: SDA editorial; Regulation (EU) 2023/1114 · reviewed 2026-09-08

Related terms

MiCA (Markets in Crypto-Assets)

The European Union framework established by Regulation (EU) 2023/1114 for crypto-assets and related activities.

KYC (Know Your Customer)

Procedures used to identify and verify customers and assess relevant compliance risks.

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