• AMF Chairman Robert Ophèle
    Regulation

    ‘Europe cannot afford to miss it’—French call for security token sandbox

    The French Financial Markets Authority’s chairman warned the EU must remove ‘major legal obstacles’ or risk stifling the industry

    AMF Chairman Robert Ophèle warned Europe faces a “chicken and egg” paradox when attempting to accommodate markets for security tokens. On one hand, it is too early to change “important” regulations because the market is yet to mature. However, doing nothing would risk stifling innovation.