> For the complete documentation index, see [llms.txt](https://litiumlic.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://litiumlic.gitbook.io/whitepaper/basics/16.-mica-crypto-asset-description.md).

# 16. MiCA Crypto-Asset Description

The Litium token is classified under the EU MiCA Regulation (2023/1114) as a crypto-asset other than an e-money token (EMT) or asset-referenced token (ART). It is intended solely for speculative trading and does not grant profit rights, voting rights, or legal ownership in any company or asset.

Key points:

* Token Name: Litium (LIC)
* Blockchain: Binance Smart Chain (BSC)
* Token Standard: BEP-20
* Total Supply: 1,000,000,000,000 LIC
* Issuer: Investlitiumlic Oy, Finland
* Function: Speculative digital asset, no current utility or governance rights
* LEI: Not available. The issuer does not directly offer or sell the token to the public. The company is identified by its Finnish Business ID (Y-tunnus): 3504800-4.

For the full MiCA-compliant crypto-asset description, including distribution, custody, and other regulatory details, please refer to our official webpage:\
<https://litiumlic.com/litiumlic-kryptovaran-kuvaus-litiumlic-crypto-asset-description>


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