European Finance Groups Push to Remove DLT Market Cap
10 Articles
10 Articles
European Finance Groups Push to Remove DLT Market Cap - Invest In Crypto News
A coalition of European financial and tokenization groups has urged EU lawmakers to remove a proposed 100 billion euro cap ($116.3 billion) on tokenized financial instruments or raise it to at least 500 billion euro. The draft letter, dated Sept. 7 and addressed to EU Council members and the European Parliament’s Economic and Monetary Affairs […]
🚨 European financial institutions have called for the removal of the EU's €100 billion tokenization ceiling. 📌 The institutions argued that if the ceiling remains, the lower limit should be at least €500 billion. 🇺🇸 Industry representatives emphasized that larger-scale tokenization opportunities in the US are creating competitive pressure for Europe. 💶 The total value of distributed real-world assets, excluding stablecoins, reached $39.15 b…
EU Finance Groups Seek to Lift Tokenized Securities Cap
European financial and tokenization stakeholders have escalated their push for changes to the EU’s Distributed Ledger Technology (DLT) Pilot Regime, warning that a proposed cap of 100 billion euros could choke off scaling. In a letter dated Sept. 7 and addressed to members of the European Council and the European Parliament’s Economic and Monetary Affairs [...]
The current roof is still at 6 billion euros, while in the United States the tokening already moves on a hundred times higher scale. Nasdaq and Boerse Stuttgart Group have formally written to the legislators of the European Union to ask to raise drastically, or eliminate altogether, the EU tokening limits provided by the experimental regime DLT Pilot [...]
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