EU Coalition Urges Increase in Tokenization Cap for Projects
- A coalition including Nasdaq and Boerse Stuttgart has requested the EU to either remove or raise the current cap on tokenization trials.
- The existing limit is deemed too low, with some European projects already exceeding it.
- The coalition argues that increasing this cap could foster innovation and growth within the Token economy.
- This initiative reflects a broader push for regulatory clarity in the DeFi sector across Europe.
The call from major financial players highlights concerns about stifling innovation due to restrictive regulations in the Token space. A higher cap could enable more projects to thrive, ultimately benefiting the European economy.
As some projects have already surpassed the current limit, this coalition’s request emphasizes the need for updated regulations that support growth and innovation in the DeFi landscape.
