France Seeks Exchange Liability for DeFi Access
Edited by Steinar Vigdel Kolnes, Editor, Oslo
French authorities propose requiring crypto exchanges to vet DeFi protocols and bear liability for some customer losses under revised EU rules.
French authorities are seeking changes to European Union crypto rules that would place new responsibilities on exchanges providing access to decentralized finance (DeFi).
The proposal would require those exchanges to carry out checks on the DeFi protocols they offer customers access to.
Exchanges could also be held liable for certain customer losses. The measures remain proposed changes rather than rules already in force.
Source: Cointelegraph
