EU Institutions Move to Set Common Standards for Tokenized Securities, Seek Industry Participation

Breaking

Summary

• Major European Union institutions have begun efforts to set common standards for the tokenized securities market.
• The European Central Bank, the European Commission and the European Securities and Markets Authority asked industry groups to participate in developing common standards for tokenized securities.
• The three institutions plan to work with the industry to establish shared standards for tokenized securities.

Major European Union institutions have begun efforts to set common standards for the tokenized securities market.

Cointelegraph reported on November 9 that the European Central Bank, the European Commission and the European Securities and Markets Authority had asked industry groups to participate in developing common standards for tokenized securities.

The three institutions plan to work with the industry to establish shared standards for tokenized securities.

Minseung Kang