The French asset management association has called for regulators to make it easier for people to trade digital assets through investment funds in a bid to “kick-start” Paris’s role as a financial centre.

The trade body, whose goal is to both promote France as a leader in European asset management and foster the competitiveness of the industry, recommends that new European regulations be created as quickly as possible to regulate activities in digital assets, such as cryptocurrencies, qualified as financial instruments.