Cut the red tape: 39 financial giants demand an emergency fast-track for Europe's blockchain pilot

What Happened

Thirty-nine European financial firms and tech groups urge lawmakers to fast-track blockchain rules separate from broader legislation. The coalition, including Boerse Stuttgart and Nasdaq, seeks quicker regulatory updates to prevent competitive disadvantage against the U.S. in digital finance. Requested changes include expanding asset types, raising transaction limits to 150 billion euros, and removing license expiry dates for expanded market testing.

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