Regulation· ★★★★· bearish·

France proposes liability for crypto exchanges offering DeFi access

  • —Exchanges would be required to conduct checks on DeFi protocols before offering access
  • —Exchanges could be held liable for some customer losses
  • —The proposal is framed as amendments to EU crypto rules
Why it matters: If adopted, the rules would add regulatory risk for European exchanges integrating DeFi and could push them to restrict such access.
Source: Cointelegraph