Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation

A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation for blockchain applications seeking to offer products similar to … Read more

French Central Banker Warns Complex Crypto Regulations Could Create ‘Uneven Playing Field’

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 … Read more

France and Germany Urge Discussions on Crypto Policy at G20 Summit

High ranking officials from France and Germany have issued a letter urging the finance officials of other nations to discuss the regulatory implications of cryptocurrencies at the upcoming G20 Summit. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors Leaders Call for “Trans-Boundary” Action Against Cryptocurrencies The letter is authored by the French Finance … Read more