General information only. CryptoRegHub provides summaries for informational purposes and does not constitute legal or compliance advice. Always verify with official sources and consult qualified legal counsel before making compliance decisions.

Browse→European Union→EU DLT Pilot Regime
Recently verified:17 July 2026·Source →

EU DLT Pilot Regime (Regulation (EU) 2022/858)

European UnionTrading/Market StructureTokenised stocks / securitiesExchanges / CEX / DEXCustodians / Wallet ProvidersESMASecurity tokensLicensing / AuthorisationRegulatory reportingCustody / SegregationMarket conduct rules
In Force◐ Medium risk
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General information only — not legal advice

CryptoRegHub provides plain-English summaries of crypto regulations for informational purposes only. This does not constitute legal, compliance, or financial advice. Regulations change frequently — always verify information with official sources and consult qualified legal counsel before making any compliance decisions.

The DLT Pilot Regime creates a Europe-wide sandbox for capital-market infrastructure built on blockchain, applying to tokenised securities as opposed to crypto-assets under MiCA.

Who does it apply to?

Operators of DLT-based trading or settlement infrastructure for tokenised securities.

Key requirements

Obtain a specific permission from the national competent authority; comply with MiFID II, MiFIR and CSDR except where exemptions are granted.

Obligation types

Licensing / Authorisation
Requirement to obtain a licence or authorisation before operating
Regulatory reporting
Ongoing reporting to regulators
Custody / Segregation
Rules on how customer assets must be held
Market conduct rules
Rules against manipulation, insider dealing etc.

Implementation timeline

May 2022
Regulation adopted
Regulation (EU) 2022/858 adopted by the European Parliament and Council
Jun 2022
Published in Official Journal
Published in the Official Journal of the EU
Mar 2023
Regime becomes applicable
DLT Pilot Regime enters into force across the EEA

Official sources

EUR-Lex — Regulation (EU) 2022/858
https://eur-lex.europa.eu/eli/reg/2022/858/oj/eng
→
ESMA — DLT Pilot Regime
https://www.esma.europa.eu
→

Always refer to official sources to confirm current requirements. CryptoRegHub summaries are for general guidance only.

Frequently asked questions

At a glance
JurisdictionEuropean Union
RegulatorESMA
StatusIn Force
Enacted30 May 2022
Effective from23 Mar 2023
Last verified17 Jul 2026
Penalty severity
◐ Medium risk

Significant fines typically up to €1m or equivalent

Regulatory bodies
ESMA
European Securities and Markets Authority
Official website →
Disclaimer

This summary is for general informational purposes only and does not constitute legal advice. Always verify with official sources and consult qualified legal counsel.