The Association for Financial Markets in Europe (AFME) published a series of papers on digital finance and distributed ledger technology (DLT). Last week we wrote about its more general paper on digital finance, which included a section on tokenization. It subsequently published two policy roadmaps to scale DLT in the capital markets for the EU and the UK.
DLT projects are now moving beyond the experimentation phase, but current regulations are obstructing the potential to scale DLT usages.
Half of the eight AFME proposals relate to the Central Securities Depositories Regulation (CSDR).
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