<p>Boerse Stuttgart Group has announced that it is the first exchange group in Europe to be granted a license for a Distributed Ledger Technology (DLT) trading and settlement system. The approval was issued under the European Union’s DLT Pilot Regime, a regulatory framework designed to support the development of blockchain-based market infrastructures.</p><p>This license enables the exchange to operate trading and settlement systems for financial instruments using DLT, representing a notable shift in how digital assets can be handled within European markets. By integrating these technologies, the group aims to streamline the lifecycle of financial transactions through the use of shared ledger systems.</p><p>The DLT Pilot Regime provides a controlled environment for market operators to test the efficiency and security of blockchain solutions in financial services. Boerse Stuttgart's receipt of this license marks a significant development for European market participants seeking to leverage DLT for trading and settlement activities.</p>
Source: Finextra
Original article: https://www.finextra.com/pressarticle/111362/boerse-stuttgart-obtains-dlt-trading-and-settlement-system-license?utm_medium=rssfinextra&utm_source=finextrafeed
Leave a Reply