French central bank governor pushes for crypto licensing ahead of EU laws By Cointelegraph

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Francois Villeroy de Galhau, the Bank of France’s governor, has urged for more stringent licensing requirements for crypto companies in France, citing the current turmoil in the crypto markets.

During a speech in Paris on Jan. 5, the central bank governor said France shouldn’t wait for upcoming EU crypto laws to enact obligatory licensing for local Digital Asset Service Providers (DASPs).

Villeroy speaking in Dec. 2017 on a panel in Paris. Image: The Jacques Delors Institute