How should DeFi be regulated? A European approach to decentralization -Breaking
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Decentralized finance (also known as DeFi) is an innovative use of blockchain technology. GrowingAs of January 2022, there was $237 billion worth of DeFi assets. This phenomenon is being recognized by regulators who are now taking steps to regulate it. Before we present the regulatory context, let’s briefly examine the DeFi basics and risk.
A set of financial alternatives based on blockchain, DeFi allows for greater financial operations than simple currency exchange. For example, you can lend or borrow money directly between your peers.
Thibault VerbiestAn attorney in Paris since 1993, he is now a partner at Metalaw. He heads the Fintech, Digital Banking and Crypto Finance department. He co-authored several books including the first French book about blockchain. As an expert for the European Blockchain Observatory and Forum and World Bank, Thibault is also a member of the advisory board. Thibault also co-founded Payfoot.com. He was elected chairman of IOUR Foundation in 2020. This foundation is a public utility that promotes the adoption and integration of TCP/IP with blockchain.
Jérémy Fluxman Since 2017, he has worked as an associate in Paris and Luxembourg at law firms in private equity, investment funds and at a Monaco firm. A master II in international law, he is now an associate at Metalaw in Paris, France, where he provides advice on crypto-finance, fintech and blockchain.
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