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Amina Becomes First Regulated Bank on EU's Blockchain Securities Platform

Cointelegraph
Swiss-regulated bank Amina is the first regulated bank participant on the EU's 21X blockchain securities platform.

Summary

Amina, a crypto bank regulated in Switzerland, has joined 21X, an EU-regulated platform for settling tokenized securities operating under the EU’s DLT pilot regime, becoming its first fully regulated bank participant. This move, facilitated through a partnership with Tokeny, aims to bridge regulated banks with the issuance and trading of tokenized securities, addressing a key barrier to institutional adoption. The 21X platform received its infrastructure permit in December 2024 to operate in a regulatory test environment. While the DLT framework allows experimentation with blockchain trading, industry participants caution that current limits might hinder scaling compared to other jurisdictions. This development occurs amid growing institutional investment in tokenized assets globally, even as some EU firms urge policymakers to accelerate digital asset legislation.

(Source:Cointelegraph)