France has urged the EU to adopt its recently-enacted cryptocurrency regulations across the entire bloc. The country passed legislation earlier this month requiring brokers and token issuers to apply to the country’s market regulator to receive operating licenses, while also introducing taxes on profits derived from dealing in cryptocurrencies. France's Finance Minister, Margrethe Vestager, said the EU should follow France's lead to establish a single regulatory framework.
France has urged the EU to adopt its recently-enacted cryptocurrency regulations across the entire bloc. The country passed legislation earlier this month requiring brokers and token issuers to apply to the country’s market regulator to receive operating licenses, while also introducing taxes on profits derived from dealing in cryptocurrencies. France's Finance Minister, Bruno Le Maire, said the EU should follow France's lead to establish a single regulatory framework.