[ccpw id="5"]


HomeNewsBank of France Governor Demands Stricter Rules for Crypto

Bank of France Governor Demands Stricter Rules for Crypto


The Governor of the Bank of France has demanded stricter legal requirements for crypto due to the turmoil in the markets.

The Chairman pointed out that the current market turmoil shows that such requirements are urgently needed.

Central Bank Governor Wants To Increase Measures

According to Bloomberg’s report, the Governor of the Bank of France, François Villeroy de Galhau, is pushing for stricter legal requirements for crypto companies in France.

This will differ from the European Union’s MiCA regulation, which will establish a region-wide regime for crypto companies.

Obtaining a license for Asset Service Providers (DASPs) in France is currently optional and no provider currently has such a license. According to Villeroy, the current market turmoil has clearly highlighted the need for licensing in France.

Villeroy said in a speech in Paris:

“All the disorder in 2022 feeds on a simple belief: France needs to switch to a mandatory DASP licensing as soon as possible, rather than just registration”


Please enter your comment!
Please enter your name here


Fed’s March 2023 Interest Rate Decision Announced!

The Fed announced its highly anticipated March 2023 interest rate decision.

Telegram Users Will Be able to Transfer USDT via Chat

USDT has been added to Telegram's Wallet section, allowing users to send USDT via chat.

Telegram Announces Good News For These 3 Altcoins!

Messaging service Telegram announced the good news for these 3 altcoins with its new announcement! Here are the details...

Watch Out For These 13 DeFi Coins: They’re On The Watchlist!

Analysts have selected 13 DeFi coins for the 2023 portfolio. How is the DeFi Coin market? Let's take a look at the projects traded in the opportunity zone.

Follow us


Most Popular