Decentralized Finance On The Global Stage: France’s AMF Advocates For Unified Rules

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Benzinga

France’s premier financial market authority, the Autorité des Marchés Financiers (AMF), has voiced its support for internationally harmonized regulations governing decentralized finance (DeFi). In a discussion paper, the AMF revealed its initial conclusions regarding the regulatory challenges posed by the decentralized and disintermediated features of the DeFi ecosystem. AMF’s Attempt At Understanding DeFi’s Intricacies The AMF’s paper delves into defining critical components of DeFi, such as decentralized autonomous organizations (DAOs) and smart contracts, which automate transactions. Furthe…

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