"For us, there will mainly be the issue of deterritorialization - the fact that these entities sometimes do not have precise headquarters."
"You have an issue of consolidation. You have seen in the case of FTX that you cannot have a group-wide perspective of the business and of the risks that these entities take."
"The issue will be to make sure that once somebody is conducting banking activity, it's brought under the remit of banking regulation and supervision," Enria said.
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