Crypto-Asset Regulation · glossary

Inside information

Precise information about a crypto-asset or its issuer that has not been made public and would be likely to move its price significantly. Dealing on it is insider dealing, and passing it on needlessly is unlawful disclosure. A listing decision is inside information until it is announced. Definition: Inside information · Binder §8.2 · Chapter 8

Explained in Chapter 8, Market Abuse, of Crypto-Asset Regulation.

The main page for this term is Inside information, in Debt Capital Markets.

How it comes up, in Chapter 8
MiCA starts from the information, not the person. Inside information is precise information about a crypto-asset or its issuer that has not been made public. It must also be likely to move the price significantly if it were published (Article 87). Anyone who holds it and knows, or ought to know, that it is inside is caught (Article 89).
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As defined in the training compliance binder
precise, unpublished information about an issuer or a crypto-asset admitted to trading that would be likely to move its price significantly (Article 87);
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Where this term lives

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