European firms urge €150 billion DLT cap for faster rules

Thirty-nine European financial and tech firms urged the EU to accelerate and loosen rules for Distributed Ledger Technology (DLT), pressing to decouple the DLT pilot regime from a wider 18-article financial package. Key asks include expanding permitted asset types, removing fixed license validity periods and raising the transaction cap to €150 billion (~$176 billion). Signatories such as Boerse Stuttgart Group and Nasdaq say faster, standalone updates would enable scalable tokenization of stocks and bonds and boost Europe’s competitiveness. If adopted, the proposals could materially increase institutional activity and liquidity across digital assets, supporting demand for crypto (including Bitcoin) and tokenized securities. The push coincides with similar US legislative efforts and pits industry calls for agility against the European Commission’s preference for collective assessment of financial rules.