Crypto

France proposes liability for crypto exchanges offering DeFi access

Summary

France has proposed amendments to European Union crypto regulations regarding digital asset service providers. The suggested changes would require exchanges to vet decentralized finance protocols and hold them accountable for specific client financial losses.

French authorities want crypto exchanges to conduct checks on DeFi protocols and face liability for certain customer losses under proposed changes to EU crypto rules.

Source: Read the full story at Cointelegraph.com News

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