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ARTICLE · 11 JANUARY 2022

Issues With Trading Of Tokenised Securities In Luxembourg: The DLT Pilot Regime As Solution ?

ELVINGER HOSS PRUSSEN, société anonyme
Explore more from ELVINGER HOSS PRUSSEN, société anonyme

The proposal for a Regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based on distributed ledger technology was published as part of the digital finance package adopted by ...

LuxembourgFinance and Banking
Karl Pardaens
Karl Pardaens
Benoit Nerriec
Benoit Nerriec

The proposal for a Regulation of the European Parliament and of the Council on a pilot regime for market infrastructures based on distributed ledger technology ("DLT") (the "DLT Pilot Regime" or the "Regulation")2 was published as part of the digital finance package adopted by the European Commission on 24 September 2020 (the "Digital Finance Package"). The DLT Pilot Regime is at a more advanced stage compared to the proposal for a Regulation of the European Parliament and of the Council on markets in crypto-assets and amending Directive (EU) 2019/19373 ("MiCA")4, which was also published as part of the Digital Finance Package, since amendments to the initial proposal have been voted by the European Parliament and published on 5 August 2021.

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