Crypto Regulators Around The World Advised To Ensure A Level Playing Field

To ensure that all crypto players worldwide are treated equally, the various regulatory bodies should create a level playing field and transparency.

The French government has recommended that all cryptocurrency transactions be regulated by the country's regulator to prevent risks and abuse.

According to a Reuters report, the French government has urged its financial regulator to treat crypto exchanges like banks and set up a single platform for cryptocurrency trading across Europe. Europe. Prime Minister Edouard Philippe of the country also said that regulation of virtual currencies is necessary to prevent cybercrime and money laundering.

The head of France's digital economy agency said on Tuesday he plans to meet regulators from other EU countries as well as senior European Central Bank (ECB) officials, who are working to create a digital currency for Europe.