Quantcast

Adan President Fleuret: Europe can 'benefit from the innovation offered by blockchain and crypto-asset technologies'

Russia enforces a six-year ban on cryptocurrency mining across ten regions
Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates
BlackRock: A fantastic year thanks to its Bitcoin ETF
Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up
Decentralized Finance: A Sector Poised for New Heights in 2025?
Yat Siu X account breach likely part of a string of recent hacks: ZachXBT
Coinbase CLO shares data on crypto hedge funds debanking, demands for answers
Bybit to disable logins for Malaysian users starting December 24
MicroStrategy bags 5.2K Bitcoin at average BTC price of $106K
BlackRock: the financial giant wants to support stablecoins
One year after the halving: Q1, the catalyst for the explosion of the altcoin market?
Metaplanet Picks Up Record 620 Bitcoin as XRP Leads Market Slide
Binance and Circle announce strategic partnership to advance USDC adoption and crypto innovation
CATO Policy Analyst: Operation Choke Point 2.0 ‘has undermined many of the people trying to work and innovate’
SEC Approves First Crypto Index ETFs Combining Bitcoin and Ethereum
Bitcoin dips to $92K in ‘optimal dip-buying’ move as PCE boosts crypto
DOGE Founder Reacts to Bitcoin, Dogecoin and Ethereum Sell-off
Coinbase CEO: 'Crypto is the only payment rail that checks all three boxes'
CATO Policy Analyst: Operation Choke Point 2.0 ‘has undermined many of the people trying to work and innovate’
AI at the service of DeFi: Reflections and perspectives from the Saint-Alex Club
Avara’s Lens secures $31M for SocialFi-focused L2 blockchain
US Federal Reserve (Fed) Continues to Cut Rates by 25 Points: New Highs for Bitcoin?
$300m of other tokens bridged to Solana in the last week, why?
Coinbase sued over WBTC delisting by Justin Sun-affiliated BiT Global
Bitcoin Soars to New Record Highs Over $106K, Let's Hope the Fed Doesn't End the Party
Increased gas limits on Ethereum L1 come with risks… but big rewards
Bitcoin Catches Up With Gold: New ATH for BTC-Gold Ratio
Bitcoin Backed by US Congress: Pro-Crypto French Hill Takes Chair of Finance Committee
BlackRock recommends 1-2% Bitcoin in your portfolio
UK watchdog asks firms to share current and future crypto exposures
Adan President Fleuret: Europe can 'benefit from the innovation offered by blockchain and crypto-asset technologies'
Web3/Crypto
Webp adan 3
Adan President and CEO Faustine Fleuret | X/faufleuret

Faustine Fleuret, President of France's Association for the Development of Digital Assets (Adan), has urged European Union (EU) institutions to adopt an innovative and open-minded approach towards blockchain and crypto-related technologies. She believes that such an approach will enable these institutions to harness the benefits offered by these technologies. Fleuret made this statement in a press release issued on May 6, regarding a report submitted by Adan to the European Union.

"There is an urgent need to understand the impact that Web 3 innovation will have on different areas of the economy and society, whether it involves transforming them or solving problems they have been facing for a long time," said Fleuret. "Regulation alone will not ensure the success of the European project. The European institutions must therefore show inventiveness, even audacity, and keep an open mind in order to explore and benefit from the innovation offered by blockchain and crypto-asset technologies."

According to the press release, Adan presented its report to EU institutions in anticipation of the European Parliament elections scheduled for June. Adan maintains that while the EU is well-positioned as a leading global hub for Web3 innovation, companies within this ecosystem continue to face challenges in scaling their operations across Europe. These challenges range from legal uncertainty in certain areas, insufficient funding, and a lack of understanding about some intrinsic characteristics of newer technologies. Adan asserts that its recommendations will bolster Europe and enhance the EU's leadership in innovation.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The report details 22 recommendations from Adan which are grouped into eight categories: strategic autonomy, growth and employment, fundamental rights, inclusion and democratization, privacy rights and data protection, intellectual property and combating fake news, digital transformation, and environmental transition. To support the EU's strategic autonomy, Adan advises prioritizing the development of euro-pegged stablecoins and establishing a Web3 incubator campus. The association also suggests creating a clear roadmap to position the EU at the forefront of blockchain and crypto technologies by 2030. In order to stimulate growth and employment, Adan recommends that startups have access to sufficient financing throughout their development cycles and advocates for educational training programs related to Web3.

In relation to fundamental rights, Adan proposes that the EU initiate a pilot project with several Member States to test new Web3 solutions in a "cooperation context" for issues such as tracking asylum seekers. With regards to inclusion and democratization, Adan suggests that the EU explore the potential of electronic voting. To uphold privacy rights and data protection, Adan advises the EU to consider Web3 technology's applications for identity and age verification. In terms of intellectual property protection, Adan recommends granting NFTs legal status as a proof of ownership mechanism. For digital transformation, Adan encourages more use cases for the European Blockchain Services Infrastructure (EBSI) and other initiatives exploring potential benefits of the Web3 industry. Lastly, Adan suggests that the EU investigate how Web3 can support Europe's transition to a low-carbon economy.

Fleuret assumed the presidency of Adan in May 2021 after serving as the organization's head of strategy and institutional relations, according to her LinkedIn profile. She is also a lecturer at the University of Paris I: Panthéon-Sorbonne and a member of the Laboratory of Excellence for Financial Regulation. Prior to this, she worked as finance and regulatory strategy lead at ConsenSys.

More News

Brad Garlinghouse, CEO of Ripple, said that the company enables global financial institutions to enhance cross-border payments and efficiency through digital technology.

Jul 9, 2025

Changpeng Zhao, founder of Binance, said that a move for Fannie Mae and Freddie Mac to count bitcoin as a mortgage asset signals a shift in the American Dream.

Jul 7, 2025

Binance has announced the launch of PIXEL APR Boost Airdrop Rewards for the 11th project on BNSOL Super Stake, in collaboration with Pixels (PIXEL), a web3 game on the Ronin Network.

Jul 7, 2025

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), said that public companies increased their bitcoin holdings more rapidly than exchange-traded funds (ETFs) in the second quarter.

Jul 5, 2025

CoinFlip, a global digital currency platform, has announced the launch of a new user interface for its CoinFlip Preferred service.

Jun 30, 2025

Gum Shoe, a crypto influencer, has highlighted the long wait times and high fees at Coinbase compared to better service at Binance as evidence of the need for increased competition among U.S. crypto exchanges.

Jun 23, 2025