On 19 December 2024, Luxembourg adopted Blockchain Law IV, which
has opened up significant new opportunities to use the Luxembourg
DLT framework, such as expanding this framework to include unlisted
equity securities and facilitating the provision of services to
issuers with additional flexibility in terms of custody
arrangements. These innovations aim to encourage the financial
industry to make use of blockchain and DLT in Luxembourg.
1. Background
In tune with its strategy of fostering innovation and
digitalisation in the financial sector, on 19 December 2024,
Luxembourg adopted a fourth blockchain law (Blockchain Law IV) that
amends the law of 6 April 2013 on dematerialised securities (Law of
2013) in order to substantially broaden the options for issuing and
holding distributed ledger technology (DLT) securities.
