In July 2020, the Luxembourg government submitted draft law 7637 to amend the law of 6 April 2013 on dematerialized securities (Dematerialized Securities Law) and the law of 5 April 1993 on the financial sector (Financial Sector Law).

The draft law follows recognition of the use of distributed ledger technologies
Continue Reading Luxembourg draft law on dematerialized securities, blockchain and distributed ledger technologies

The growth of usage of blockchain based smart contracts in Italy might be boosted by a new law which deemed them equal to written documents in some cases.

What are smart contracts?

According to Investopedia, smart contracts are

Smart contracts are self-executing contracts with the terms of the
Continue Reading Blockchain based smart contracts equal to written documents in Italy