France Opens Comment Period for Decentralized Finance Rules – Bloomberg Law

By Alexandre Rajbhandari
France is exploring ways to regulate decentralized finance, after concerns around the crypto-asset sector emerged following the collapse of US-based FTX.
The French banking supervisory body Autorité de Contrôle Prudentiel et de Résolution (ACPR) has opened a comment period on a series of proposals to regulate intermediary-free financial services related to crypto assets. The consultation, in which crypto-asset companies, clients and observers are invited to take part, will run until May 19, ACPR said in a statement Monday.
“Our approach should be understood as a positive signal for decentralized finance,” Secretary General Nathalie Aufauvre said in a videoconference …
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