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

Bitcoin.com | Sep 29, 2022 at 5:30 AM
  • 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”.
  • To do so would be to create an uneven playing field, risking arbitrage and cherry picking.
  • The European Central Bank (ECB) outlined in August its plan to harmonize the regulatory framework governing crypto activities and services in the EU.