French president Macron supports MiCA regulations of crypto

04/22 11:54

According to Cointelegraph, the French president, Emmanuel Macron sat down with local media to share his thoughts on the digital economy. While emphasizing the importance of the sector, Macron once again reiterated his support for the pan-European approach to financial technology regulation. Responding to a sequence of questions about digital economy, Web 3.0 and crypto, the incumbent President stood firm by his trademark cautiousness toward innovation:“It represents [...] an opportunity not to be missed [...] for France and Europe to lead the future generations of the web. But it is also a social and societal challenge.” Commenting on the recent European Parliament regulations of crypto, Macron supported the current approach (and the MiCA framework specifically), noting that the new rules should not hinder innovation. The 44-year-old politician also vocally supported the digital euro project, which has been getting pushback from the public recently. Europe, Macron maintained, has an edge in the NFT sector due to its imense cultural heritage. Macron said: “We cannot consider our cultural policy without this revolution. I want our main cultural institutions to develop an NFT policy, by promoting, disseminating and protecting the digital twins or variations of their physical collections.”
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