๐ช๐บHUGE: The EU's proposed โฌ100 BILLION cap on tokenized securities is facing pushback from Nasdaq's โฌ1.5 TRILLION counter.
Nasdaq and 27 other firms have written to the EU Council arguing the proposed limit would constrain growth before it starts.
European tokenization projects already exceed โฌ350 BILLION, more than 3x the proposed cap.
The EU's current limit sits at just โฌ6 BILLION.