Increased legal certainty in the European and national digital finance landscape.
As digital finance becomes increasingly important, the European Union (EU) is implementing substantial regulatory measures to regulate digital assets and foster innovation within a secure framework. As an important finance hub, Luxembourg is also adapting its regulatory landscape to meet the growing demand for clarity and security in this rapidly evolving sector.
Two major regulatory developments are expected to shape the European digital finance landscape: the full application of Regulation (EU) 2022/858 (“MiCA”) and the Luxembourg law of 20 December 2024 (the “Blockchain IV Law”), targeting the use of DLT for issuing and managing securities and further solidifying Luxembourg’s position in the digital finance ecosystem.
This GSK Update briefly outlines the main changes introduced by MiCA and the upcoming Blockchain IV Law.