This paper aims to analyze the interconnection of the recently published DLT
Regulation with traditional pieces of EU financial legislation, particularly MiFID II and
the CSDR, as to the treatment of market infrastructures. Therefore, the study’s main
purpose is to scrutinize the legislative choices concerning the use of DLT in trading and
settlement transactions, especially given the principle of technological neutrality. To reach
such an objective, the paper briefly evaluates whether, and to what extent, the applicable
legislation is indeed incompatible with DLT. As a result, questions are posed to the design of
a pilot regime and to the short-term solution ultimately adopted by EU legislators, given the
feasibility of more efficient coordination of the regimes in light of the new technology.