Europe needs to stop dithering on crypto rules, French lawmaker Pierr_Person said today in a report that calls for DeFi to be recognized and fossil mining banned. jackschickler reports.
In 2018, Person, a member of President Emmanuel Macron’s ruling party, authored a report that was adopted by France’s lower house which called for an easing of tax rules for crypto, as well as boosted regulation of the then-popular initial coin offerings .
“In 2018, no one could have foreseen the developments in a sector that only let us see on the surface simple promises on projects that were often shaky,” he said, calling for a “paradigm evolution” to give DAOs – the bodies which develop applications in decentralized finance – legal recognition alongside other corporate entities, and also give new legal status to NFTs.
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