As the second batch of regulations concerning distributed ledger technology (DLT) just entered into force on 1 August 2021, this article highlights some of the key changes made to the Blanket Ordinance in the Area of Blockchain (Mantelverordnung im Bereich Blockchain) between the draft subject to consultation on 19 October 2020 and the final version of the ordinance that was published on 18 June 2021, with a focus on provisions that are of interest for capital market activities relying on DLT and related products. 

By Stefan Kramer / Sandrine Chabbey (Reference: CapLaw-2021-50)