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France Introduces Crypto-Backed Loans in Quiet Regulatory Shift
France Introduces Crypto-Backed Loans in Quiet Regulatory Shift
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BTCCSquare news:
French regulators have enacted a pivotal but underpublicized change allowing cryptocurrencies to serve as loan collateral. The new framework permits select authorized banks to offer Lombard-style crypto-backed financing—enabling borrowers to leverage digital asset holdings without liquidation.
Market participants note the symbolic importance of this integration with traditional finance, though operational constraints remain. European banking rules currently require 100% fiat coverage for crypto collateral positions, limiting widespread adoption. "This isn't revolutionary yet, but it's a clear inflection point," said a local exchange executive, speaking on the emerging infrastructure for crypto-powered leverage.
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