French Regulator Working to Clarify New Crypto Rules, Align With EU


“Digital finance shouldn’t be condemned for FTX any more than traditional finance was for Madoff,” she said, referring to a Ponzi scheme perpetrated by Bernie Madoff, who died in prison in 2021. 


France's financial market regulator will spell out the new requirements for crypto firms to register in the country, Marie-Anne Barbat-Layani, head of the agency, said Wednesday.

“We will work to clarify these new rules,” Financial Market Authority (AMF) Chairwoman Barbat-Layani told lawmakers on the French Senate’s finance committee of legislation the National Assembly voted for on Tuesday, saying her experts will talk with industry representatives.

Barbat-Layani said she would “adapt French crypto license conditions to make them as operationally close as possible to the new European rules,” referring to the Markets in Crypto Assets regulation (MiCA) set to be agreed on imminently by the European Union.


Source : [French Regulator Working to Clarify New Crypto Rules, Align With EU]( undefined - CoinDesk / March 01, 2023 logo


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