Yesterday Luxembourg passed its Blockchain Law 4, which aims to make it easier to adopt DLT for securities. The fact that this is the country’s fourth blockchain law highlights the extent to which it has been a trailblazer in this area. It expands coverage of the DLT law to funds.
The new legislation introduces an optional role of a control agent for digital securities issuances, as explored when the draft law was published. This is similar to a crypto securities registrar under Germany’s Electronic Securities Act (eWpG) with a few additional advantages.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
