EU seeks nominations for stakeholder group on tokenisation standards in finance
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The ECB, the European Commission and ESMA open a call to form the European Tokenisation Standards Group (ETSG), an industry group that will develop common standards for tokenised finance.
Key points
- Chaired by industry, with the ECB, the Commission and ESMA as observers
- It will be able to monitor compliance with the standards and make recommendations to EU authorities
- Open to associations, private entities, fintechs and DLT providers
Who is affected
Market infrastructures, institutions and fintechs active in tokenisation and DLT
Deadlines
Applications until 27 November 2026
Plain-language version
The ECB (the euro area's central bank), the European Commission and ESMA, the EU's stock market watchdog, are looking for firms to join a group that will set common standards for tokenisation, meaning turning assets like shares or bonds into digital tokens. Shared rules would let these products work across different platforms. Applications close on 27 November 2026.
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Summary produced with artificial intelligence from the official publication. It may contain errors: always check the original document.
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