European commissionIn December, the Savings and Investment Union (SIU) is expected to offer suggestions of financial instruments including tokens. Commission Advisor Peter Kerssesens, Taipei’s Fintechon Summit in his interview with The Block “Mica 2.0Kers He said that they did not need an urgent need for.
EU’s tokemizing agenda
Kersters, the commission in December, SIU proposals are preparing to present and in this context, they want to benefit from distributed notebook technology as much as possible, he said. Mica Reminding that the framework came into force at the end of last year, Kersters, the regulation, said mainly covers crypto currency exporters and service providers. According to him, the priority stock, which includes the use of Blockchain in borrowing and derivative markets.
In 2020, Kerstersen recalled that they were preparing the DLT Pilot Regime, which aims to test the distributed book technology in the securities markets with Mica in 2020. According to Esma, this regime, which entered into force in March 2023, is considered a financial instrument. crypto currencyIt provides a framework for the purchase and sale and agreement of the s and includes DLT -based trading and agreement systems. Kersters, the initially limited traditional financial interest has increased in recent years, banks have become more open to the idea of trading with public blockchain assets, but the current arrangements are not fully compatible with this, he said.
DLT Pilot Update
Kersting stated that they are planning to make the DLT Pilot Regime more useful within the scope of the work on the tokens of real world assets. underlined.
Esma Executive Director Natasha Cazenave In his speech in Dubrovnik, he stressed that tokenization, which means digital representation in the distributed notebooks of securities, can provide efficiency gains. Jazeneave said that it could be not only a technological evolution, but a transformation potential for markets.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
