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French Central Bank Head Wants Crypto Licensing Ahead of MiCA Standards: Bloomberg
The current turmoil in the crypto markets shows the need for such requirements as soon as possible, the banking chief said.
By Nelson Wang
Updated Jan 9, 2023, 8:12 p.m. Published Jan 5, 2023, 7:40 p.m.
Bank of France Governor Francois Villeroy de Galhau is pressing for stricter regulatory requirements for crypto companies in France, according to a report from Bloomberg.
This would be ahead of the European Union’s landmark Markets in Crypto Assets (MiCA) regulation, which would establish a bloc-wide licensing regime for crypto firms and is scheduled to be voted on in February for implementation in 2024.
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Obtaining a license in France for Digital Asset Service Providers (DASP) is currently optional and no providers currently have one, according to Bloomberg. About 60 firms do have the less stringent “registration” designation from French markets authority AMF.
According to Villeroy, the current turmoil in the crypto market shows the need for a licensing requirement in France.
“All the disorder in 2022 feeds a simple belief: It is desirable for France to move to an obligatory licensing of DASP as soon as possible, rather than just registration,” Villeroy said Thursday in a speech in Paris, according to Bloomberg.
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- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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CFTC Launches Digital Assets Pilot Allowing Bitcoin, Ether and USDC as Collateral
Acting Chair Caroline Pham has unveiled a first-of-its-kind U.S. program to permit tokenized collateral in derivatives markets, citing "clear guardrails" for firms.
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- The CFTC has launched a pilot program allowing BTC, ETH and USDC to be used as collateral in U.S. derivatives markets.
- The program is aimed at approved futures commission merchants and includes strict custody, reporting and oversight requirements.
- The agency also issued updated guidance for tokenized assets and withdrew outdated restrictions following the GENIUS Act.
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