First Vote on Blockchain Law IV – Major Upsides to be expected for Issuers and Investors alike
On 19 December 2024, the Luxembourg Parliament held its first vote on Bill No. 8425 (the “Bill”), commonly referred to as “Blockchain Law IV.” This legislative proposal aims to further modernise the legal framework for dematerialised securities and enhance Luxembourg’s position as a leading financial centre embracing distributed ledger technology (“DLT”).
