Update and Trends
Cryptoassets & Blockchain
In this section:
- Recent developments
Recent developments
Are there any emerging trends, notable rulings or hot topics related to cryptoassets or blockchain in your jurisdiction?
Luxembourg is closely monitoring emerging trends and topics related to cryptoassets and blockchain with a view to creating a favourable environment for such innovations. Non-fungible tokens and decentralised finance are hot topics. Security tokens are also gaining momentum, with major players willing to launch their first pilot projects, particularly if they can rely on native tokens (ie, dematerialised securities issued directly on the blockchain).
The authors would like to thank Alejandro Dominguez (senior associate), Sarah Hantscher (managing associate), Arnaud Marquet (associate), Georgios Kortesis (associate), Tristan Louet (associate) and Vicente Chapa (associate) at CMS Luxembourg for their contribution to this chapter.
Law stated - 22 November 2021
