Yesterday Renew Europe, the third largest parliamentary group in the European Union (EU), held a joint event with the Global Blockchain Business Council (GBBC) at the EU Parliament. A high quality industry panel explored the potential for tokenization and digital securities.
Two key takeaways related to the DLT Pilot Regime for tokenized securities and the European Commission’s thinking on legislation.
The moderator surprised JP Morgan’s Joshua Daniel by asking why the bank wasn’t participating in the EU’s DLT Pilot Regime, which waves some regulations for digital securities. In a somewhat amusing exchange, Daniel disarmingly requested a different question. Deutsche Börse’s Jens Hachmeister explained that large financial market infrastructures (FMIs) and institutions like JP Morgan have similar challenges with sandboxes.
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