France’s central bank urged ESMA to directly oversee crypto firms and tighten MiCA’s stablecoin rules, citing risks from passporting gaps and USD-backed tokens.
The Bank of France has called on the European Union to give its markets regulator direct supervision over major crypto firms, warning that fragmented oversight could threaten the bloc’s financial sovereignty.
Speaking at the ACPR-AMF Fintech Forum in… [4295 chars]
Source: Cointelegraph | Published: 2025-10-09T11:56:15Z
Credit: Cointelegraph
