France proposes crypto exchange liability for DeFi access under MiCA revision
Current overview (not historical)
France proposes revising the EU MiCA framework to hold crypto asset service providers liable for DeFi incidents stemming from negligence or ignored security risks. Platforms must conduct due diligence and monitor protocols before offering DeFi access; they may still connect to uncertified protocols if they perform independent due diligence and provide enhanced risk disclosures. The rules will apply fully to significant CASPs, with proportional reduced obligations for smaller providers.
Written with AI from the reporting · updated 10/21/2026
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- 1Unclassified fact stationOct 21, 00:00recorded Oct 21, 19:17single sourcerevised
France proposes liability for crypto exchanges offering DeFi
Read original source ↗ CointelegraphReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject:
- crypto-asset service providers
- Action:
- propose new duties and liability for DeFi protocol access
- Object:
- regulated platforms connecting customers to DeFi protocols
- Occurred (fact side):
- Oct 21, 00:00
- Published (valid side):
- Oct 21, 18:46
- First seen (known side):
- Oct 21, 19:17
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- CointelegraphRelated fact: single sourceSource report revisedFrench authorities propose extending crypto liability to DeFi incidents
Report first recorded Oct 21, 19:17
French regulators propose revising the EU's MiCA framework to hold crypto-asset service providers liable for incidents affecting clients when they facilitate access to decentralized finance protocols. The proposals require platforms to vet DeFi protocols for vulnerabilities and suspicious activity, support protocol certification, and impose liability for failures to manage known risks. Authorities also suggested lowering the threshold for identifying significant crypto service providers and transferring supervision to the European Securities and Markets Authority.
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