France’s Villeroy Wants to Implement ‘Obligatory’ Crypto Licensing ‘as Soon as Possible’

The governor of the Bank of France said that the events of 2022 warrant stricter rules for crypto companies.

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Stringent Licensing Of Cryptocurrency Firms Immediate Necessity :French Central Bank Governor

The governor of the Bank of France, Francois Villeroy de Galhau, has called for stricter licensing rules for cryptocurrency businesses in France, noting the present unrest in the cryptocurrency markets. The central bank governor said France shouldn’t wait for impending EU cryptocurrency rules to establish mandatory licensing for regional Digital Asset Service Providers during a […]

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Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments

The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make them cheaper. Reserve Bank of Australia Teams Up With… More

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Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says

International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently adopted crypto law may be needed to deal with the issue. Regulation in Single Jurisdiction Insufficient

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