France: AMF Chairman Embraces EC Move to Regulate Crypto Assets, "Potential gains to be expected from DLT can be significant"
Speaking about the ongoing digital transformation of financial services the Chairman of the French Autorité des Marchés Financiers (AMF), Robert Ophèle, commented on the emergence of crypto assets (digital assets) for both non-securities and securities. Ophèle first noted the ongoing COVID health crisis has helped to propel the shift to Fintech services noting that in 2019 contactless payments stood at 35% while during 2020 the same now accounts for 50% of payment transactions. The confluence of AI, data, DLT, and more will “profoundly redesign our markets.” While concerns for inves...
Source: crowdfundinsider.com