The letter lists challenges and opportunities found during the first year of application which include innovative solutions for cash settlement, custody through self-hosted wallets, interoperability ...
On 25 June 2025, the European Securities and Markets Authority (ESMA) published its first comprehensive review of the Distributed Ledger Technology (DLT) Pilot Regime, a regulatory sandbox designed to ...
Neutral, a technology company building market infrastructure for environmental assets, and DLT Finance, a BaFin-licensed trading and brokerage firm, have partnered to launch the first regulated ...
The European Securities and Markets Authority (ESMA) noted that the DLT Pilot Regime has started applying in the European Union (EU) as of 23 March 2023. Crypto-assets that qualify as financial ...
Capital markets infrastructure provider Axiology has secured €5 million in seed funding to introduce new tokenised securities capabilities under the EU DLT Pilot Regime. The new capital enables ...
Law Decree implementing EU Regulation 2022/858, containing urgent provisions on issuance and circulation of financial instruments in digital form, was published in the Official Gazette on 17 March ...
The Security Token Group (STG), a team of professionals focused on re-inventing capital markets with blockchain-enabled security tokens, have published their December 2020 monthly market report. As ...
Technological progress and innovation often lead to legal questions being raised. Usually, standing legal frameworks offer solutions for how to regulate new technological phenomena. Specific ...
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets. German fintech 21X, one of the four applicants for a blockchain ...
The World Federation of Exchanges has published a study that warns that technologies without trusted third-party oversight, such as permissionless distributed ledger technology (DLT) can be harmful to ...
The European Securities and Markets Authority (ESMA) has issued a final report providing guidance on how firms should apply to operate a DLT-based market infrastructure. These guidelines provide ...
The Boerse Stuttgart Group, the sixth largest exchange group in Europe, is set to establish a market in Switzerland for the trading of digital securities, which are issued using blockchain technology.