The European Central Bank (ECB) has said it will postpone the launch of its own Distributed Ledger Technology (DLT) settlement solution. The date of the new rollout has already been pushed back to February 2025. This places the ECB’s Governing Council in uncharted waters and produces several hard-hitting questions regarding...
The European Central Bank's (ECB) delay in launching its wholesale Distributed Ledger Technology (DLT) settlement solution isn't just a bureaucratic hiccup. It's a massive missed opportunity, a potential self-inflicted wound to Europe's economic future. We're handing the tokenization race to the US on a silver platter, and frankly, it's infuriating.Europe...
Moreover, the European Central Bank (ECB) is currently testing out temporary solutions to wholesale distributed ledger technology (DLT) settlement. They hope to have a final decision in the coming year. This latest exploration follows on a successful series of wholesale DLT settlement trials conducted last year. Those proceeding engaged 64...
The European Securities and Markets Authority (ESMA) is re-assessing some fundamental pillars of the DLT Pilot Regime. If adopted, this would be a strong indicator that the EU is moving toward a more flexible and welcoming regulatory environment for digital securities. Miles O’Connor, who understands how overdue this move is,...
Now, picture a world where accessing capital isn’t a privilege, but a right. A smallholder farmer in rural Kenya can be instantly approved for a microloan. They have the same access to federal funding as a tech entrepreneur in Silicon Valley. This is not merely some technocratic utopian dream. It’s...
The European Securities and Markets Authority (ESMA) is changing its tune on the DLT Pilot Regime. The original framework, aimed at encouraging innovation in digital securities, has been blown away by market confusion, with industry complaints being the least of them, and justifiably so. Are these proposed amendments an indication...
The European Securities and Markets Authority (ESMA) is already very much considering making its Digital Ledger Technology (DLT) Pilot Regime a permanent mainstay. They aim to renegotiate the strict thresholds that have prevented its timely adoption. The regulator is closely examining the UK’s Digital Securities Sandbox. This creative and original...
Europe’s digital asset space is at a very hopeful and exciting moment. France and Italy have been leading the charge on reintroducing Distributed Ledger Technology (DLT) Pilot Regime to the EU. Their plans come on the heels of similar initiatives by their regulatory bodies, the Autorité des Marchés Financiers (AMF)...
As for all that supposed change, let’s be honest—it’s been more of a whimper than a bang. The numbers don't lie. Only a couple dozen projects approved since April 2023. That’s hardly setting the world on fire. So, why the slow burn?Activity Limits Too Restrictive?The core issue? The Pilot Regime,...
The EU's DLT Pilot Regime. Sounds impressive, right? An exciting leap forward in the future of finance. Cost aside, let’s be honest, the adoption rate is… well, embarrassing. Two projects approved? That’s not even the number of times I’ve had to explain blockchain to my uncle at Thanksgiving dinner. The...
