On 25 June 2025, the European Securities and Markets Authority (ESMA) published its first comprehensive review of the Distributed Ledger Technology (DLT) Pilot Regime, a regulatory sandbox designed to test blockchain-based...more
7/10/2025
/ Blockchain ,
Distributed Ledger Technology (DLT) ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
Pilot Programs ,
Regulatory Oversight ,
Regulatory Requirements ,
Sandbox ,
Securities Regulation
Published on April 29, 2025, the ESMA final report (ESMA75-453128700-1408) outlines the guidelines (Guidelines) for competent national authorities (NCAs) to prevent and detect market abuse in the context of the Markets in...more
5/6/2025
/ Blockchain ,
Crypto Exchanges ,
Cryptoassets ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Regulatory Reform ,
Market Abuse ,
New Regulations ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management
In a landmark decision, France has joined the ranks of leading jurisdictions in recognizing blockchain as a valid method for establishing proof of authorship and intellectual property (IP) rights....more
4/9/2025
/ Authorship ,
Blockchain ,
Copyright ,
EU ,
France ,
Germany ,
Intellectual Property Litigation ,
Intellectual Property Protection ,
Legal Technology ,
Sweden ,
UK
On 10 February 2025, the law of 6 February 2025 regarding, notably, digital finance was published in the Official Journal of Luxembourg (the “Law”)....more
2/14/2025
/ AML/CFT ,
Anti-Money Laundering ,
Blockchain ,
Cryptoassets ,
Digital Assets ,
EU ,
Financial Services Industry ,
FinTech ,
Luxembourg ,
Market Participants ,
Regulatory Requirements
On December 19, 2024, Luxembourg adopted Blockchain Law IV, a landmark legislative move aimed at strengthening the legal framework for blockchain in the financial sector. ...more
In a previous alert, “Are You Ready for MiCA Implementation?,” we discussed provisions of the Markets in Crypto Assets Regulation (MiCA) governing stablecoins that came into effect on 11 June 2024.
With further provisions...more
On 24 July 2024, the Ministry of Finance proposed Blockchain Bill IV, which will offer greater flexibility and legal certainty for issuers using Distributed Ledger Technology (DLT). The Bill will update three of Luxembourg’s...more
The Autorité des Marchés Financiers (AMF), the financial markets regulator in France, has published a summary report on the regulatory issues surrounding decentralized finance (DeFi). The AMF has published the feedback it...more