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Adan announces participation in European Investor Summit

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Webp fleuret
Adan President Faustine Fleuret | LinkedIn

Adan announced that its President, Faustine Fleuret, discussed Europe's efforts to promote crypto market development at the 5th European Investor Summit, organized by Societe Generale Securities Services. The announcement was made in an October 8 post on X.

According to Adan's announcement on X, Fleuret participated in a panel with experts from BlackRock, Union Investment, Societe Generale Forge, and Deutsche Boerse at the summit. Adan emphasized the need to continue efforts to address challenges faced by newcomers in Web3 innovation and encourage greater participation from traditional finance in the digital transformation of finance through new technologies.

Societe Generale Securities Services hosted the fifth European Investor Summit on October 1, 2024, at Societe Generale Towers in Paris. The event brought together nearly 200 asset owners, fund managers, and finance professionals to discuss key industry challenges and opportunities, according to the Societe Generale Securities Services' event website.


Adan post | x

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Societe Generale Securities Services offers a broad range of securities services designed to align with current financial markets and regulatory developments. With operations in 18 countries, the company aims to be a key partner in its core markets, known for service quality, competitive solutions, and global network coverage.

Fleuret was elected president of Adan in May 2021. According to LinkedIn, she previously served as the organization's head of strategy and institutional relations. She is also a lecturer at the University of Paris I: Panthéon-Sorbonne and a member of the Laboratory of Excellence for Financial Regulation. She previously worked as a finance and regulatory strategy lead at ConsenSys.

The Association for the Development of Digital Assets (Adan) was established in Paris by eleven French digital asset and blockchain professionals in January 2020. According to the organization's website, original stakeholders included Ledger, Kaiko, ARK Ecosystem, and ConsenSys France.

Organizations Included in this History
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On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

Nov 22, 2024

The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

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OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

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On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

Nov 20, 2024

On November 6, the UK government issued an updated version of the Property (Digital Assets Etc.) Bill, clarifying its approach to defining digital assets, including crypto tokens, as recognized property under English law. The update aims to provide greater security and clarity for individuals and businesses engaging with digital assets.

Nov 20, 2024

Matt Law, Chief Commercial Officer at Outlier Ventures, said that it would not "surprise" him if many people embrace "more efficient," cost-effective systems like tokenization to gain the "same user benefit."

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