France tightens regulation of crypto assets and stablecoins in response to the growth of dollar-pegged stablecoins in Europe

MarsBitNews · 2026-04-10T15:25:16+00:00

The First Deputy Governor of the Bank of France, Denis Beau, stated at the EUROFI seminar that the Bank of France is promoting the European Union to strengthen payment restrictions on non-Euro stablecoins, especially those pegged to the US dollar. At the same time, the French National Assembly passed an anti-fraud bill requiring annual reports for self-custodied crypto wallets exceeding 5,000 euros.

MarsBitNews

2026-04-10 15:25:16

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Mars Finance reports that, according to Cointelegraph, Denis Beau, the First Deputy Governor of the Bank of France, stated at the EUROFI high-level seminar that the Bank of France is pushing the European Union to strengthen the payment restrictions in the Markets in Crypto-Assets Regulation (MiCA) for non-euro stablecoins, especially dollar-pegged stablecoins. Beau noted that existing regulatory measures may fail to adequately address the risks arising from the widespread adoption of stablecoins. Meanwhile, on April 7, the French National Assembly passed an anti-fraud bill, which proposes requiring an annual report for self-custody crypto wallets with a value exceeding 5,000 euros, but the bill has not yet completed the legislative process.

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