Nothing has really happened, despite efforts. In 2019, in 2021, in 2023: law after law, text after text has been produced to help put Luxembourg at the European forefront of blockchain and distributed ledger technologies (DLT).
But the financial centre, by nature cautious and risk-averse, has not really embraced the technology.
“Progress on institutional adoption has reached an inflection point as firms continue innovating in silos, with small-scale initiatives that fail to progress or prioritise broad ecosystem development,” concluded, in May, three of the world’s largest financial market infrastructures: DTCC, Clearstream and…
