Plundering of Kryptos technology. Like most central banks in the world, Banque de France (BDF) Blockchain Technologies are reasonable carried Bitcoin (BTC) and cryptocurrencies, but central bankers do not like these currencies at all decentralized that are not under their control. Governor BDF, François Villeroy de Galhauproves it again when we are talking about ‘ The future of the finance “In a long speech where only mentions a word” cryptomera ».
- Banque de France wants to use blockchain technology and at the same time criticize bitcoins and cryptocurrencies that have popularized this technology.
- François Villeroy de Galhau recommended strict cryptocurrency regulations and at the same time appreciated the digital currency of the central banking that operates technology.
Kryptos would be “risks to regulate”, but their technology seems to be well
PUSH Banque de France recently organized a conference whose subjects were: “ speed andinnovation on financial markets and market infrastructure ”. With such a topic we could expect to hear about correctly fast and innovative (and without intermediaries) cryptocurrencies. But NoAs we could also suspect from retrograde central bankers.
In his long speech overwritten into a 4 -page document, governor François Villeroy de Galhau only evokes the word ” cryptomera »And … to say that they must be absolutely under the supervision of regulations ! On the other hand, Lartura BDF is interested in the principle tokenYet he also invented thanks to cryptocurrencies.
“The tokenization of assets is obviously another major movement that could ever improve direct treatment of commercial activities (…). It has the potential to generate even greater savings for both the financial sector and end users. To date, the financing (DLT) has used new forms of commercial banking as assets, such as token deposits or what is called Stablecoins. (…) The European Union has decided correctly by accepting the regulation of the mica. The non -fulfillment of cryptocurrencies and non -banking would now be sent to the seeds of the financial crisis of tomorrow. »»
François Villeroy de Galhau, Governor of Banque de France
Central bankers swear on their own digital currencies (MNBC)
Obviously, if François Villeroy de Galhau does not like Bitcoin’s competition and decentralized crypts is because it is own Euro would be the solution of everything. After pointing out that it was very important to complicate the use of cryptocurrencies by storing the suppressing regulatory channels in this industry, the BDF governor therefore appreciated the benefits and Digital Mint Central Bank (MNBC).
“(…) the digital age of the central bank (CBDC wholesale) would guarantee transformability between tokenized assets, just like central banks currently ensure convertibility between the currencies of commercial banks (…). In short, the tokenized currency of the central bank would be a “security pivot” and would serve as a reliable basis of confidence on which these new technologies could achieve full potential. »»
François Villeroy de Galhau, Governor of Banque de France
And that would also keep the central banker as The highest intermediariesdecide Centralized masters transaction. Unfortunately for France, François Villeroy de Galhau is still light years since his counterpart Alesch Michlgovernor Central Central Bank Czechwishes him Introduce Bitcoin’s Strategic Reserve for your countryAfter understanding the rolebook this rare cryptocurrency.