EU Firms Urge Faster Rule Changes as U.S. Advances in Tokenized Markets
European companies specializing in tokenized securities are pressing EU lawmakers to accelerate regulatory reforms, cautioning that current constraints under the DLT Pilot Regime are stifling growth in regulated on-chain markets. The industry warns that sluggish progress may redirect capital and trading activity to the U.S., where tokenization thrives under clearer frameworks.
Key players like Securitize, 21X, and Boerse Stuttgart Group argue for targeted updates to the EU's sandbox without compromising investor protections. The urgency stems from a widening gap between Europe's deliberative approach and America's aggressive advancements, exemplified by U.S. exchange initiatives and regulatory clarity.