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    /research/markets and sectors

    G7 to discuss crypto-asset regulation, says French central banker

    • print Print |
    • A
    • A
    • A
    • BY Reuters|
    • Eurozone , France |
    • 10:41 AM ET 05/17/2022

    PARIS, May 17 (Reuters) - The regulation of crypto-assets is likely to be discussed at a meeting of Group of Seven finance chiefs this week in Germany, French central bank head Francois Villeroy de Galhau said on Tuesday.

    "What happened in the recent past is a wake-up call for the urgent need for global regulation," Villeroy told an emerging markets conference in Paris, referring to recent turbulence in crypto-asset markets.

    "Europe paved the way with MICA (regulatory framework for crypto-assets), we will probably ... discuss these issues among many others at the G7 meeting in Germany this week," he added. (Reporting by Leigh Thomas; Editing by Edmund Blair)

    Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

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    News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

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