· François Villeroy de Galhau Wiki · Banque de France WikiNew Year wishes 2023
Read full speech on bis.org ↗ContextNew Year wishes to the Paris financial centre by François Villeroy de Galhau, Governor of the Bank of France and Chairman of the Autorité de contrôle prudentiel et de resolution (ACPR), Paris, 5 January 2023.
Why it mattersVilleroy presents MiCA crypto rules for the year ahead.
Problems raised
- Shocks hit in 2020-2022.
- Crypto needs regulation.
- Financial sector must adapt.
Solutions proposed
- Implement MiCA framework.
- Adapt rather than protect.
- Maintain Paris attractiveness.