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France's central bank urges EU to directly regulate cryptocurrency firms

France's central bank urges EU to directly regulate cryptocurrency firms

CointimeCointime2025/10/09 11:37
By:Cointime

 France is urging the EU's top market regulator to immediately start regulating major cryptocurrency companies on the continent after significant players expand in Europe. François Villeroy de Galhau, the governor of the Bank of France, suggested in a speech on Thursday that regulatory authority over the industry should be transferred to the European Securities and Markets Authority to ensure consistent standards are applied across the EU.

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