François Villeroy de Galhau, Governor of the Bank of France, said that crypto companies in France should be subject to stricter regulation.
Galhau on 5 January in Paris In a speech he made, operating in France crypto- money of companies almost no to the arrangement subject to that you are not underlined. Minister, local digital asset service providers (DASP) EU’s cryptocurrency laws to enforce mandatory licensing requirements for not expected should stated.
In his speech addressing the country’s financial sector, Galhau spoke about the ongoing process throughout 2022. your chaos, of france possible the one which… most short in time for crypto companies only need to move from registration to comprehensive DASP licensing. claimed to point.
Cryptocurrency companies currently operating in France, the country’s financial authority to AMF even if they are registered optional connected aspect DASP can obtain the license. However, sources say that no cryptocurrency company has yet granted this license. did not apply expressed.
European Parliament on licensing willing to act without delay Member of the Finance Committee of the French Senate Herve Maureyeliminated a clause last month that allowed companies to operate without a license to pick up to make changes for request had.
It will bring regulatory clarity to cryptocurrencies prepared by the European Parliament MiCA legislation potentially in 2024 expected to enter into force. However to experts in the crypto money ecosystem throughout 2022. experienced scandalsthe regulatory framework as soon as possible. clarification and into effect entry should is showing.