EU opens tokenization standards group applications, draft rules set for 2028

Applications are now open for organizations aiming to join the European Tokenisation Standards Group (ETSG), an industry-led effort to establish common standards for tokenized finance across Europe. The European Central Bank (ECB), European Commission, and European Securities and Markets Authority (ESMA) announced the application period on November 9. Interested parties have until November 27 to submit applications. Membership in the ETSG is available to trade associations, global financial institutions, private companies, fintechs, and technical service providers operating within the European Union. The application process will remain open until November 27, after which work by the selected group will commence in January 2027.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.