Eight companies, including Securitize, have warned that the EU may lag behind the US in terms of tokenization rules.

This article is machine translated
Show original

According to Foresight News , citing CoinDesk, eight EU-regulated digital asset companies have warned European regulators that they risk squandering the EU's early lead in blockchain-based capital markets as the US moves faster in tokenization. These companies argue that the EU's distributed ledger technology pilot program is too restrictive and could lead to capital outflows to the US market. Major US exchanges, such as the Chicago Mercantile Exchange (CME), the New York Stock Exchange (NYSE), and Nasdaq, have all developed tokenized asset plans.

The eight companies are Securitize, 21X, Seturion (a subsidiary of the Stuttgart Stock Exchange Group), Central Securities Depository, Lise, OpenBrick, STX, and Axiology.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments