France pushes to centralize crypto regulation under ESMA
PositiveCryptocurrency

France is taking a significant step towards centralizing cryptocurrency regulation by advocating for the European Securities and Markets Authority (ESMA) to oversee the entire EU crypto market. This move, led by Banque de France Governor François Villeroy de Galhau, aims to streamline regulatory processes and enhance oversight, which could foster greater investor confidence and stability in the rapidly evolving crypto landscape. By consolidating regulatory power in Paris, France positions itself as a leader in the crypto space, potentially influencing future policies across Europe.
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