According to Foresight News, French Central Bank Governor Francois Villeroy de Galhau has proposed transferring regulatory authority over the cryptocurrency industry to the European Securities and Markets Authority (ESMA). In a speech on Thursday, he emphasized the need for consistent application of standards across the European Union. Governor Villeroy de Galhau also called for tightening the regulatory framework for digital assets in Europe. He highlighted that the current framework allows cryptocurrency companies to apply for licenses in individual EU member states, which can then serve as a "passport" to operate across all 27 EU countries
source: https://www.binance.com/en/square/post/30776352327905?utm_source=BinanceNewsRSS