by Mathieu Rosemain
PARIS (Reuters) – Euronext, the stock exchange operator, does not intend to develop activities linked to cryptoassets without significant support from regulators, the group’s general manager and chairman of the board, Stéphane Boujnah, said on Tuesday.
“We have always been very cautious about cryptoassets (…), a little for conceptual reasons and a lot because our regulators themselves are extremely cautious,” Stéphane Boujnah told journalists.
The opposition from Italian and Dutch regulators is clear, while the French regulator remains very cautious on the issue, he said.
Elsewhere in Europe, initiatives are multiplying as bitcoin returned to record levels in March.
This month, the London Stock Exchange said it planned to accept applications for crypto-backed ETNs, debt securities reserved for institutional investors.
Deutsche Boerse announced this month the launch of a regulated platform on which institutional investors can trade cryptocurrencies.
(Reporting Mathieu Rosemain, written by Inti Landauro and Huw Jones, French version Corentin Chappron, edited by Kate Entringer)
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