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New Year wishes 2023

· François Villeroy de Galhau, Governor of the Banque de France (France)

Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets

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· François Villeroy de Galhau Wiki · Banque de France WikiNew Year wishes 2023

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
  1. Shocks hit in 2020-2022.
  2. Crypto needs regulation.
  3. Financial sector must adapt.
Solutions proposed
  1. Implement MiCA framework.
  2. Adapt rather than protect.
  3. Maintain Paris attractiveness.
Read full speech on bis.org ↗

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