MiCA too permissive? The Bank of France calls for strengthening it
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Summarize this article with:
The governor of the Bank of France speaks out. François Villeroy de Galhau demands a transfer of cryptocurrency supervision to ESMA, based in Paris. Dollar-backed stablecoins particularly worry French authorities. Will Europe be able to impose its own vision against the American giants in the sector?
In Brief
- The Bank of France requests that ESMA directly supervise the main crypto actors rather than national regulators.
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