🇫🇷🇮🇹 France & Italy to EU: “Your Blockchain Plan? Mid at Best”

Two EU powerhouses just called out Brussels for being too slow and boring when it comes to blockchain.
Now they want the whole system rethought — before Europe gets left in the digital dust.

📉 What’s Wrong With the EU’s Blockchain Game?

The EU’s big “DLT Pilot Regime” was supposed to make Europe a blockchain finance hub — letting firms test things like tokenized bonds and crypto trading without breaking any rules.

But one year in?
Barely anyone's using it.

Why? The rules are too rigid. The vibe? Bureaucratic snoozefest. Startups can’t join, innovation’s stuck, and Europe’s falling behind.

🔧 France & Italy Say: Fix These 3 Things

Regulators in Paris and Rome (AMF + CONSOB) just handed the European Commission a spicy little list of changes. Here’s what they want:

1. 🪄 Make It Flexible

Stop applying the same red tape to tiny startups and giant institutions. Tailor rules based on size. Let small players experiment without drowning in paperwork.
Also, they want ESMA to step in and give more EU-wide guidance — not leave each country doing its own thing.

2. 📈 Go Bigger, Go Longer

Let larger, more complex blockchain projects (like tokenized bonds and derivatives) join the pilot.
And extend the pilot beyond 2026. The clock is ticking, and nobody builds a financial revolution in 12 months.

3. 🔌 Connect With TradFi

Make sure blockchain systems can actually talk to old-school finance infra. They’re calling for EU-wide interoperability standards so everyone’s tech can vibe together.
Also? Start educating traditional finance players about why blockchain matters.

🧊 Meanwhile in Switzerland...

Europe talks. Switzerland builds.

Boerse Stuttgart just dropped a DLT-powered exchange (BX Digital), already trading tokenized stocks and bonds — and fully synced with Swiss banks.

Spoiler: they’re not waiting for Brussels to get it together.

⏭ What Happens Next?

The European Commission now has to decide:
Keep the current mess and risk falling behind...
or adopt France and Italy’s plan and unlock the next wave of blockchain finance.

Either way, the message is clear:
Europe needs to go from cautious to competitive. Fast.

🧠 TL;DR

• France and Italy want the EU to revamp its blockchain pilot program.
• Their plan: more flexibility, bigger projects, longer timelines, and better TradFi integration.
• Switzerland’s already ahead. Europe risks losing the race if it doesn’t act soon.