France Proposes Crypto Exchange Liability for DeFi Protocol Access

Source Summary

French authorities have proposed regulatory changes to EU crypto rules that would require crypto exchanges to conduct checks on decentralized finance (DeFi) protocols and hold exchanges liable for certain customer losses. The proposal aims to strengthen oversight of DeFi access through regulated exchange platforms.

Why it matters

This proposal would establish direct regulatory accountability for exchanges offering DeFi access, potentially reshaping how crypto platforms manage customer exposure to decentralized protocols under EU law.