Vice-president of the Banque de France: the existing policies are "authorized" by the status quo of DeFi

Golden Financial announced that Global Financial Institutions (BIS) announced on Sunday, November 19 a statement by Denis Beau, Senior Vice-President of the Banque de France. Beau said European regulators should directly regulate DeFi. In his remarks, Beau focused primarily on improving digital banking services (CBDCs) and businesses' experiences in this area. Beau commented on improving cryptocurrency regulation in Europe, saying: "More exchanges need to be introduced which is very important." Beau added, “I specifically mentioned the monitoring of DeFi improvements. In this case, the overall governance process is in the context of the contract. Was accomplished without intermediaries, vendors and vendors being easily identified. is no fair judgment on services "One of the legal statements made by Beau, Crypto Asset Market Policy (MiCA), excluding policies related to DeFi."