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Crypto Market News: France Pushes DeFi Liability for Exchanges as Analysts Eye Pepeto’s 1000x

Crypto Market News: France Pushes DeFi Liability for Exchanges as Analysts Eye Pepeto’s 1000x

The crypto market news this week comes down to one question: who pays when a trade goes wrong? On October 21, France’s four money watchdogs asked the EU for a change. They want big exchanges to answer when DeFi trades go bad, per Cointelegraph. Yet the EU’s own report is not due until June 30, 2027, crypto.news reported.

Until then, the buyer carries the risk. Pepeto, a meme coin whose presale has raised over $11.2 million, already checks coins for traps before you trade them.

Crypto Market News: France Wants Big Exchanges to Answer for DeFi Safety Failures

France’s Treasury, the AMF, the Banque de France and the ACPR sent the EU a joint reply on October 21, per Cointelegraph. It answers the EU’s review of MiCA, its…

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