# PSR Article 110b — Amendment to Regulation (EU) No 2023/1114

Textual state: inserted. New in the compromise text.

- Current text: Council final compromise text (Council document 8221/26) — not yet law.
- Compared against: COM(2023) 367 final — superseded.
- Classification is mechanical; method: https://paymentslaw.eu/method/
- Editorial review state: not_assessed. Markers are curated and selective, not a complete assessment.

Word-level diff, proposal → compromise: `{+text+}` was inserted, `[-text-]` was deleted.

## New paragraph 0

{+Article 60 is amended as follows: The following paragraph 4a is inserted: '4a. A payment institution may provide crypto-asset services in relation to e-money tokens for the purposes of providing payment services, where such crypto-asset services are deemed equivalent to those payment services for which the payment institution has been authorised under [PSD3] if it notifies the competent authority of the home Member State of the information referred to in paragraph 7 of this Article at least 40 working days before providing those crypto-asset services for the first time. For the purpose of this paragraph: providing custody and administration of crypto-assets on behalf of clients is deemed equivalent to the payment service of enabling cash to be placed on or withdrawn from a payment account referred to in point (1), of Annex I to [PSD3]; the exchange of crypto-assets for funds and other crypto-assets is deemed equivalent to the payment service of execution of payment transactions referred to in point (2), of Annex I of [PSD3]; providing transfer services for crypto-assets on behalf of clients is deemed equivalent to the payment service of execution of payment transactions referred to in point (2), of Annex I of [PSD3]; the execution of orders for crypto-assets on behalf of clients is deemed equivalent to the payment service of execution of payment transactions referred to in point (2), of Annex I of [PSD3]; the reception and transmission of orders for crypto-assets on behalf of clients is deemed equivalent to the payment initiation services referred to in point (6), of Annex I of [PSD3].'+}