ESMA: Report on the Functioning and Review of the DLT Pilot Regime – pursuant to Article 14 of DLTR
25 Jun 2025 (UPDATED: 13 Mar 2026)
International
1 min read
ESMA’s report provides an overview of the EU market for authorised DLT market infrastructures and recommendations on how to expand participation in the DLT Pilot Regime. It contains information about business models, types of DLT financial instruments offered, and technical or legal issues encountered by supervisors to date. The report also looks at the types of exemptions requested by DLT market infrastructures and the conditions under which national competent authorities have granted those exemptions.