The Autorité des Marchés Financiers (“AMF”) has published a discussion paper on decentralised finance (DeFi).
Within the paper, the AMF shares its preliminary thinking on regulatory issues raised by the new financial activities on crypto-assets based on automated, decentralised and disintermediated protocols that make up the emerging DeFi ecosystem.
The AMF invites stakeholders to share their views by 30 September, to feed into the European and international works on these matters and to define what constitutes the DeFi ecosystem.
NB: This paper has been kept in the French edition to preserve the integrity of the content.