Regulation· ★★· neutral·

ABToken highlights market participation in Brazil's CVM tokenization pilot

  • —ABToken cited three features of the CVM pilot: testing multiple DLTs, technology neutrality and open market participation
  • —The pilot covers the full lifecycle of a security, from issuance and distribution to trading and rights
  • —ABToken flagged issues beyond CVM's remit, including settlement, the payment system and data protection
Why it matters: The CVM's final report could shape tokenized securities rules in Brazil and inform how other regulators approach DLT.
Source: Livecoins