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AMF Discussion Paper on Decentralised Finance (DeFi)

The AMF shares its preliminary thinking on the 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. To this end, the AMF has published a discussion paper that raises a number of points for regulatory debate.

Stakeholders are invited to contribute to the discussion - in the format of their choice - by 30 September 2023 at innovation [at] amf-france.org (innovation[at]amf-france[dot]org)

27 October 2025
The Financial Stability Board and the International Organisation of Securities Commissions publish two reports assessing the implementation of recommendations on crypto-asset… The Financial Stability Board and the International Organisation of Securities Commissions publish two reports assessing the implementation of recommendations on crypto-asset and stablecoin activities