Hubert de Vauplane, Hugo Bordet, and Christina Renner co-authored a Law360 article on the European Banking Authority and the European Securities and Markets Authority’s recently published joint report on decentralized finance (DeFi).
The article provides an overview of the current DeFi landscape in the European Union, including regulatory challenges, current consumer and business engagements, and potential specific-risk concerns.
“The publication of this report is just the first step in the potential regulation of DeFi in Europe,” explain the authors. “As such, the commission will incorporate the conclusions of the report into its own report to the European Parliament and the council in accordance with Article 142 of MiCA (the Markets in Crypto-Assets Regulation).”
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