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Cryptocurrency regulatory work: the France wants a "balanced agreement" by the end of June

28/04/2022
Categories: Index/Markets

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The France, President of the European Council, would ensure the proper development of the crypto ecosystem. The France, at the forefront of the harmonization of European legislation on cryptos, demands a "balanced agreement" by the end of June.

 

European legislators are pursuing a defensive approach and seem to prioritize ways to protect themselves from cryptos. While at the same time, in the United Kingdom, the regulatory strategy is pouring into an attractive approach for the crypto ecosystem. Negotiations have suddenly accelerated, as if boosted by the Digital Services Act, the new European regulation supposed to bring the giants of the web to heel. The current requirement of the France is to obtain a balanced agreement as soon as possible. To this, it should be added that the digital asset sector in the EU is approached from the angle of risk, rather than from the angle of opportunity or innovation.

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