French Central Banker Warns Complex Crypto Regulations Could Create ‘Uneven P...
The governor of France’s central bank, François Villeroy de Galhau, has urged EU regulators to “avoid adopting diverging or contradictory regulations, or regulating too late.” He warned that “To do so would be to create an uneven playing field, risking arbitrage and cherry picking.” French Central Bank Governor Warns About Adopting ‘Unduly Complex’ Crypto Regulations Banque de France Governor François Villeroy de Galhau talked about cryptocurrency regulation at a conference on digital finance in Paris Tuesday. The French central....
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The Banque de France, the country’s central bank, has revealed details about a discreet blockchain experiment that was put to the test back in October 2016. In a release [PDF] late last week, the bank revealed that it had tested blockchain technology to understand the consequences of decentralizing ledger managing functions of SEPA credit Identifier, which is essentially a simplification of cross-border Euro transfers within the Single Euro Payments Area (SEPA). The experiment was conducted in partnership with Parisian Fintech startup Labo Blockchain as well as the Caisse des Dépôts et....