Remittix Earn Prepares Up to 22% APY as JPMorgan Forecast Shapes 2026 Investment Debate

Remittix Earn Prepares Up to 22% APY as JPMorgan Forecast Shapes 2026 Investment Debate

by | Oct 24, 2026 | DeFi

Remittix is readying its Earn product with yields reaching as high as 22% APY across chosen ETH, USDT and USDC strategies, according to BTCPressWire News, as the payments-focused project moves toward the November 24, 2026 market debut of its RTX token.

The planned product arrives as investors weigh a new long-range Bitcoin forecast from JPMorgan against yield-bearing alternatives in digital assets. The bank's base case places Bitcoin at 10% annualized returns over the next decade, with a 17% bull case and a negative bear scenario, BTCPressWire News reported.

Remittix Earn and the Yield Pitch

Markets Insider reported that Remittix Earn is set to go live with advertised yields of up to 22% APY on selected crypto assets and stablecoins, with Aave, Fluid and Morpho pools being prepared for the forthcoming platform. Under the planned rollout, eligible users would tap established decentralized lending markets without leaving the environment Remittix is building for crypto-to-bank transfers, wallet access and perpetual trading.

Bringing these pool options into Remittix Earn can broaden the platform beyond simple asset storage, Markets Insider reported. The launch also creates a fresh channel for user engagement in the run-up to the November 24 RTX debut.

BTCPressWire News framed the product within a larger wealth trend, noting that Bitcoin carries a projected long-term return while Remittix aims to bundle multiple income streams and reward RTX holders with an extra APY edge that could lift token demand.

JPMorgan's Bitcoin Forecast in the 2026 Investment Debate

JPMorgan's projection covers a long horizon rather than a single near-term price target. Under the base case, BTC would outpace U.S. large-cap equities by roughly 2.5 percentage points a year and gold by about 4.5 points, according to BTCPressWire News.

The forecast strengthens Bitcoin's portfolio argument, although the return still depends entirely on future price appreciation rather than cash flow paid directly to holders, BTCPressWire News reported. Yield changes that comparison because investors can seek recurring income while retaining exposure to digital assets, and stablecoin-based approaches appeal in particular to users seeking productive capital that does not depend on a volatile token climbing through every market phase.

Regular income can also improve retention during sideways markets, the report said, positioning products such as Remittix Earn as an alternative for investors comparing a forecasted 10% annual Bitcoin return against recurring yield.

Presale Nears $36 Million Hard Cap

The Remittix presale has reached approximately $33 million raised toward a $36 million hard cap, according to BTCPressWire News. Markets Insider reported the funds came from more than 40,000 participants, with RTX still priced at $0.28 ahead of an announced final presale stage of $0.46, which is also the minimum exchange launch price.

Markets Insider reported that roughly $3 million is left before the hard cap, leaving buyers to weigh the $0.28 entry price against the announced $0.46 final stage. The remaining presale allocation represents the final entry window before public trading begins on November 24.

Additional yield is planned for RTX holders, connecting token ownership with higher earning power, BTCPressWire News reported. Users pursuing better rates may buy and retain RTX, linking every new deposit with potential token demand.

How Remittix Earn Fits the Wider Platform

Remittix is primarily a PayFi project designed to connect supported digital assets with conventional banking, Markets Insider reported. Its products include international payment settlement, a mobile wallet, Remittix Markets and the forthcoming Remittix Earn service.

One thousand invited holders can test crypto-to-fiat and fiat-to-crypto transactions through EUR and USD routes using USDT and USDC across Ethereum, Celo, Base and Polygon. The wider ecosystem adds an iOS wallet with more than 10,000 downloads and Remittix Markets, which has processed over $50 million in perpetual trading volume, according to Markets Insider.

Earn introduces a further route for users to enter and remain inside the platform, Markets Insider reported. PayFi provides the real-world payment proposition, the wallet supports onboarding, Markets attracts active traders and Earn is designed to make eligible crypto balances more productive.

Nexo reports more than $7 billion under management, showing that crypto investors will place large balances with platforms combining yield, trading and liquidity, BTCPressWire News reported. Remittix only needs to capture a portion of that demand for Earn to become a major source of recurring platform income, the report said.

Ethereum Finality Work Adds Context

The Remittix Earn preparations come as Ethereum researchers target faster settlement, Markets Insider reported. A proposed decoupled-consensus model would separate head voting from finality voting, potentially reducing the wait for irreversible Ethereum settlement from around 16 minutes to approximately four.

Faster finality could lower capital costs for bridges, exchanges and payment services that currently wait for settlement before releasing funds elsewhere, according to Markets Insider. For Remittix, improvements across Ethereum can also support PayFi and Earn because USDT and USDC on Ethereum already form part of the project's testing environment.

Ethereum bulls argue that faster finality could strengthen the network's position across stablecoins, tokenized assets, bridges and institutional settlement, reviving an ambitious $12,000 ETH target, Markets Insider reported. Ethereum recently traded near $2,396, making that target approximately five times higher.

Conclusion

Remittix is preparing to launch Earn with advertised yields of up to 22% APY on selected ETH, USDT and USDC strategies, built on pools from Aave, Fluid and Morpho, as its presale approaches the $36 million hard cap with roughly $33 million raised. The next concrete step is the November 24, 2026 RTX market debut, with the token still priced at $0.28 ahead of the announced $0.46 final presale stage. The launch lands as JPMorgan's 10% annualized base-case forecast for Bitcoin feeds a wider 2026 debate over how investors balance long-term price appreciation against recurring yield.

Frequently Asked Questions

What yield will Remittix Earn offer on ETH, USDT and USDC?

Remittix Earn is being prepared with selected ETH, USDT and USDC opportunities offering up to 22% APY, according to BTCPressWire News. Markets Insider reported the platform will advertise yields of up to 22% APY on selected crypto assets and stablecoins, with pools supplied by Aave, Fluid and Morpho.

When is the RTX market debut and what is the current presale price?

RTX is scheduled for a November 24, 2026 market debut. The token remains available at $0.28 before progressing toward the announced $0.46 final presale stage and minimum exchange launch price, Markets Insider reported, with approximately $33 million raised toward a $36 million hard cap.

What is JPMorgan's Bitcoin return forecast for the next decade?

JPMorgan's base case places Bitcoin at 10% annualized returns over the next decade, with a 17% bull case and a negative bear scenario, BTCPressWire News reported. The base case would put BTC roughly 2.5 percentage points above U.S. large-cap equities and 4.5 points above gold.

Which DeFi protocols will supply pools for Remittix Earn?

Markets Insider reported that Remittix is preparing Aave, Fluid and Morpho pools for the Earn platform. BTCPressWire News also cited Maple Finance among the planned pool providers. The protocols span decentralized lending, credit and liquidity, giving users access to established on-chain yield markets.

How much has the Remittix presale raised toward its hard cap?

The presale has raised approximately $33 million from more than 40,000 participants toward a $36 million hard cap, Markets Insider reported, leaving about $3 million remaining. BTCPressWire News separately confirmed the roughly $33 million figure.

Sources

Grayscale DeFi Fund Form 144 Filing Reported

Grayscale DeFi Fund Form 144 Filing Reported

by | Oct 24, 2026 | DeFi

A Form 144 notice connected to the Grayscale Decentralized Finance (DeFi) Fund LLC was reported, according to Investing.com. The item identifies the fund by name and links the filing to the report.

The information currently available is limited to the existence of the notice, the name of the fund and the date attached to it. No further verified details about the filing were included in the material provided.

What the Notice Shows

The reported item concerns the Grayscale Decentralized Finance (DeFi) Fund LLC and a Form 144 entry. That is the central development confirmed by the source material.

The source headline identifies the fund, the form type and the date, but it does not provide additional transaction details in the facts supplied. As a result, the report cannot go beyond confirming the filing reference itself.

Details Still Limited

No figures, counterparties, share amounts or pricing details were included in the material provided for the Grayscale DeFi Fund filing. The available record also does not include a quoted statement from any company representative or market participant.

Because the only sourced information is the filing headline, any broader interpretation would go beyond the verified record. The confirmed development remains the Form 144 reference tied to the fund.

Why the Filing Matters

For readers tracking fund-related regulatory paperwork, the appearance of a Form 144 notice tied to the Grayscale Decentralized Finance (DeFi) Fund LLC is the reportable event.

At this stage, the public significance of the filing is limited to the fact that it was reported and attributed to Investing.com. Without more detail in the source material, the story remains a narrow filing notice rather than a broader market development.

What Comes Next

The next concrete step would be the release or confirmation of additional details around the filing beyond the headline itself. Until then, the verified record consists of the fund name and the form type.

Conclusion

The established fact is narrow: a Form 144 notice tied to the Grayscale Decentralized Finance (DeFi) Fund LLC was reported, according to Investing.com. No additional verified figures or statements were included in the material provided. The next step is any further confirmed detail that expands on the filing beyond the headline.

Frequently Asked Questions

What was reported about the Grayscale DeFi Fund?

A Form 144 notice tied to the Grayscale Decentralized Finance (DeFi) Fund LLC was reported, according to Investing.com. The available material confirms the fund name and the form type, but no additional transaction details.

Which fund is named in the Form 144 report?

The fund named in the report is the Grayscale Decentralized Finance (DeFi) Fund LLC. The source material identifies the fund directly and connects it to a Form 144 notice.

Who reported the Form 144 notice?

The Form 144 notice was reported by Investing.com, based on the source material provided. The available record does not include any additional outlet confirmation or company statement.

Are there details on size, price or counterparties in the filing?

No. The material provided does not include figures, pricing, counterparties or any quoted comments. It only supports the fact that a Form 144 notice tied to the fund was reported.

Sources

NeoSoul DNA Token: AI Trading Agent Project Debuts on BNB Chain With $11M Backing

NeoSoul DNA Token: AI Trading Agent Project Debuts on BNB Chain With $11M Backing

by | Oct 22, 2026 | DeFi

NeoSoul DNA token launched on BNB Chain as the native asset for an AI agent trading infrastructure project that raised $11 million in a Pre-A funding round announced on August 20, 2026. The token trades under the contract address 0xA991F61940095AEA0724ef54077223B048c5CF7b with the on-chain identifier DE NEO AGENT, according to project documentation.

The project centers on two products: NeoTrade, a local-first trading agent client for macOS and Windows that launched on August 17, and evoevo, a data preparation and evaluation engine. NeoSoul positions DNA as the operational currency for this agent economy, with a fixed supply cap of 1 billion tokens.

NeoSoul DNA Token Powers Agent Trading Infrastructure

NeoSoul's architecture addresses what it calls the Learning Gap and Execution Gap in AI trading. NeoTrade functions as the execution layer, allowing users to deploy trading agents that research markets, form judgments, place authorized orders, and leave observable records. The client supports live venues including Paper, predict.fun, and Polymarket.

The agent operates under user-defined constraints with Copilot and Auto approval modes, least privilege access, action logs, automatic pauses during anomalies, and a Kill Switch to halt operations immediately. Traders maintain the option to manually approve each proposal or enable automated execution within boundaries they set beforehand. Users prepay in-app usage credits with BSC-based USDT, keeping the payment address distinct from the trading wallet.

Skill Builder, which launched on September 1, enables traders to describe trading ideas in natural language and save them as reusable skills. The evoevo engine converts trading results into economic decision-making data that can be scored and improved, creating a feedback loop where the agent receives guidance from evidence, operates within user-set boundaries, generates outcome data, and uses that information to refine subsequent models.

Funding and Exchange Listings Mark NeoSoul DNA Token Debut

The $11 million Pre-A round announced on August 20 included backing from MH Ventures, Amber Group, ArkStream Capital, 0G Foundation, Kirin Capital, CatcherVC, and New Oak International. KuCoin and Bitget opened DNA/USDT spot trading pairs on October 16, with coverage from TechFlow and ChainCatcher positioning the token in a wider multi-venue spot debut during the same window.

CoinMarketCap shows a circulating supply of approximately 90 million DNA, representing 9% of the total supply. The token's CoinMarketCap UCID is 42524. Phemex Academy and other guides emphasize the standard trader rule for crowded tickers: verify the contract address before sizing positions.

The edgeX platform offers a DNAUSDC perpetual market pairing NeoSoul DNA against USDC collateral, with cross margin support, up to 10x leverage, a tick size of $0.0001, step size of 0.1 DNA, minimum order of 450 DNA, taker fees of 0.0450%, maker fees of 0.0400%, and a liquidation fee of 1.00%. The platform provides self-custody, KYC-free onboarding, and liquidity for DNA long and short positions.

Believe Plan Ties NeoSoul DNA Token to Product Settlement

The October 2026 Believe Plan introduces DNA-first product payments and KPI-gated team unlocks. NeoSoul states it will purchase DNA on the open market for salaries and partner compensation instead of drawing from locked treasury reserves. The project frames NeoTrade settlement for agents, skills, and data as requiring DNA exclusively, with technical partners who settle in the token receiving a 20% discount.

NeoSoul's FAQ positions DNA as payment for agent services, skill usage, data calls, and platform fees, along with governance participation and settlement between agents. The project explicitly states the token does not represent equity, does not provide a claim on profits, does not grant redemption rights, and does not promise returns. NeoSoul clarifies that it avoids holding user funds in custody, pooling assets, managing capital on a discretionary basis, distributing trading profits, or guaranteeing returns.

If NeoTrade fees, skill calls, and data usage settle in DNA, product adoption creates a demand path for the token. As adoption increases and payments settle in DNA, the token can function as an operational currency rather than a listing-week highlight. Conversely, if execution and evaluation occur but payments do not flow into DNA, the demand path weakens.

Trading Mechanics and Market Structure for NeoSoul DNA Token

The DNAUSDC market on edgeX opened after NeoTrade launched, the token debuted across multiple spot venues in mid-October, and the project rewrote its DNA-first Believe Plan. The market allows continuous expression of views on whether controlled execution and scoreable results translate into DNA payments after the initial listing period.

NeoSoul's website displays network counters including TOTAL AGENT, INTAKE AMOUNT, and TOKEN SPEND. The project's thesis is that DNA settlement should appear in actual product payments, not just announcement language, with DNA discounts for partners and open-market buying for salaries publicly visible on-chain.

Should open-market purchases, exclusive DNA settlement, and KPI gates advance together, the NeoSoul DNA token design carries more significance than a listing catalyst. If NeoTrade adoption grows and DNA-only settlement takes hold, the demand narrative strengthens. Under those conditions, the market would begin pricing DNA as an operational currency with sustained momentum instead of a temporary spike driven by listing week attention.

The risk case is that initial attention across multiple venues dissipates before fee demand materializes to replace it, and the market begins to treat DNA as generic AI beta. The token's value proposition depends on whether the agent economy generates measurable economic activity that flows through DNA settlement.

Product Loop and Verifiable History Define NeoSoul Approach

NeoSoul did not arrive as a blank brochure. The project has dated shipping milestones, named capital, live products addressing both learning and execution challenges, and a spot wave in mid-October. The DNAUSDC market provides traders a way to bet on whether those achievements will keep building into sustained DNA demand.

The project's argument is to connect the learning side and the execution side within the same system. Demonstrating intelligence falls short; what matters is whether it registers as a quantifiable economic activity. Market participants seek evidence of bounded actions and traceable records rather than displays of capability.

NeoSoul aims to build infrastructure for the agent economy rather than an opaque fund dressed in AI terminology. The goal is agents that can be trusted economic entities: measurable, controllable, accountable, with humans remaining the principals. This is a commercial bet, not a pitch for theater.

Conclusion

NeoSoul DNA token entered the market in mid-October 2026 with $11 million in backing, live products in NeoTrade and evoevo, and spot listings on KuCoin and Bitget. The token's design ties demand to product settlement through the Believe Plan's DNA-first payment structure and open-market purchasing for operations.

The next concrete milestone is whether DNA settlement appears in actual product payments as NeoTrade adoption develops. Traders can monitor the token's performance on the edgeX DNAUSDC perpetual market and track whether the agent economy generates sustained fee demand that flows through DNA.

Frequently Asked Questions

What is the NeoSoul DNA token contract address on BNB Chain?

The NeoSoul DNA token contract address on BNB Chain is 0xA991F61940095AEA0724ef54077223B048c5CF7b, with the on-chain name DE NEO AGENT. The token's CoinMarketCap UCID is 42524. Traders should verify this contract address before sizing positions, as crowded tickers require confirmation of the correct on-chain identifier.

When did NeoSoul announce its $11 million Pre-A funding round?

NeoSoul announced an $11 million Pre-A funding round on August 20, 2026. The round included backing from MH Ventures, Amber Group, ArkStream Capital, 0G Foundation, Kirin Capital, CatcherVC, and New Oak International. This funding preceded the NeoTrade product launch on August 17 and the mid-October exchange listings.

What exchanges listed NeoSoul DNA token in October 2026?

KuCoin and Bitget opened DNA/USDT spot trading pairs on October 16, 2026. TechFlow and ChainCatcher coverage placed DNA within a broader multi-venue spot debut during that period. The edgeX platform also offers a DNAUSDC perpetual market with up to 10x leverage.

What is the total supply cap for NeoSoul DNA token?

NeoSoul DNA token has a total supply capped at 1,000,000,000 DNA. CoinMarketCap data indicates roughly 90 million DNA in circulation, which equals 9% of the total supply. The token is designed as the operational currency for NeoSoul's agent economy, not as equity or a claim on profits.

What is the NeoSoul Believe Plan announced in October 2026?

The Believe Plan is NeoSoul's October 2026 initiative introducing DNA-first product payments and KPI-gated team unlocks. NeoSoul will purchase DNA on the open market for salaries and partner compensation rather than paying from locked treasury. NeoTrade settlement for agents, skills, and data is DNA-only, with technical partners receiving a 20% discount for settling in DNA.

Sources

Pendle Launches AAA CLO Yield Trading With deJAAA Token

Pendle Launches AAA CLO Yield Trading With deJAAA Token

by | Oct 21, 2026 | DeFi

Pendle has brought AAA CLO yield trading to DeFi, opening a market built around deJAAA, a tokenized wrapper tied to Janus Henderson's AAA-rated collateralized loan obligation strategy. The market went live on October 21, 2026, according to Crypto Briefing.

The launch matters because it pushes a traditional structured-credit product deeper into on-chain markets. Rather than simply holding the fund, users can now separate their exposure into distinct principal and yield components and trade those pieces on-chain, according to Crypto Briefing.

How the deJAAA Market Works

At the center of the new listing is deJAAA, which wraps the Janus Henderson Anemoy AAA CLO Fund, a vehicle widely referred to by its ticker, JAAA. Trading in the market is expected to run until its maturity on November 26, 2026, according to Crypto Briefing.

deJAAA functions as a transferable tokenized version of JAAA shares, designed to let the position circulate through DeFi protocols without changing the economics of the underlying holding, according to Crypto Briefing. Pendle then divides that wrapped position into two parts: one tracking the principal value and another tracking the income stream the position produces over time.

The underlying instrument is a collateralized loan obligation, a pool of corporate loans that is divided into tranches repaid according to seniority. Holders of the top-rated AAA tranche stand first in the repayment queue, which is why that slice is considered the least risky part of the structure, according to Crypto Briefing.

That seniority is central to the product's appeal on-chain. By wrapping the safest layer of the loan pool into a token, the structure turns a corner of institutional credit into something that can be traded, split and posted as collateral across decentralized markets, according to Crypto Briefing.

The Fund Behind the AAA CLO Yield Trading Market

JAAA first appeared in mid-2025, structured as a tokenized professional fund with a British Virgin Islands domicile, according to Crypto Briefing. Tokenization is handled by Anemoy Capital SPC (BVI) through Centrifuge, and the vehicle entered the market with $1 billion in seed capital from the Sky ecosystem.

The fund's on-chain assets under management are currently estimated at between $580 million and $690 million, while the net asset value of each token is put at roughly $1.05, according to Crypto Briefing. Recent floating-rate returns have come in between 3% and 4.5% based on 7-day APY readings, and the vehicle carries a management fee of 0.50%.

The manager behind the strategy is a large presence in this corner of credit. Janus Henderson runs more than $30 billion across comparable AAA CLO strategies and manages around $500 billion in total assets, according to Crypto Briefing.

Those figures help explain why the fund has become a candidate for DeFi integration. A large, seeded vehicle with a tokenized share class offers the kind of scale that lending and yield protocols typically look for when adding real-world collateral, according to Crypto Briefing.

JAAA's Growing DeFi Footprint

Pendle is not the first decentralized venue to list the fund. JAAA has already seen use on Aave Horizon and Morpho, according to Crypto Briefing.

On those lending platforms, governance debate has revolved around how much users ought to be able to borrow against the token. Proposals dated October 15, 2026, floated lifting JAAA's loan-to-value parameters on Aave Horizon to 87% and 89%, according to Crypto Briefing.

The deJAAA wrapper changes how holders can use the position. Instead of depending solely on primary redemptions through the fund itself, investors can trade their exposure on secondary markets and post it as collateral, according to Crypto Briefing.

Taken together, the venues stack into layered strategies. A user could maintain JAAA exposure, borrow against it on a lending market, and at the same time hedge or speculate on the income stream through Pendle, according to Crypto Briefing.

Risks in the New Market

The top credit rating does not eliminate risk, according to Crypto Briefing. Because the fund pays a floating rate, any move in interest rates alters what buyers of the yield component actually collect.

The wrapper itself introduces additional smart contract and structural complexity layered over the underlying fund, according to Crypto Briefing.

The push for higher loan-to-value ratios on Aave Horizon also has two sides. Greater borrowing capacity makes the token more useful as collateral, but it simultaneously thins the buffer available if prices shift or redemption requests bunch up, according to Crypto Briefing.

What to Watch Next

In the weeks ahead, the main markers to follow are trading activity in the deJAAA market ahead of its November 26, 2026 maturity, the outcome of the Aave Horizon loan-to-value proposals, and whether the fund's on-chain assets grow past their current band of $580 million to $690 million, according to Crypto Briefing.

The governance votes dated October 15, 2026, which propose parameters of 87% and 89%, would determine how much borrowing power the token can support on the lending venue, according to Crypto Briefing.

Conclusion

Pendle's deJAAA market, live since October 21, 2026, gives DeFi users a way to separate and trade the principal and yield of Janus Henderson's AAA-rated CLO fund, extending the token's reach beyond its existing use on Aave Horizon and Morpho. The next concrete steps to watch are trading activity in the market before its November 26, 2026 maturity and the outcome of the Aave Horizon proposals to lift JAAA's loan-to-value parameters to 87% and 89%.

Frequently Asked Questions

What is deJAAA and what does it give Pendle users access to?

deJAAA is a transferable tokenized wrapper around shares of the Janus Henderson Anemoy AAA CLO Fund, known as JAAA, designed so the position can circulate through DeFi while preserving the same underlying economics. Pendle divides that wrapped position into separate principal and yield components that users can trade on-chain.

When did Pendle's deJAAA market launch and when does it mature?

The deJAAA market on Pendle went live on October 21, 2026. Trading in the market is expected to run until its maturity on November 26, 2026, giving participants a window of roughly five weeks to split and trade the tokenized AAA CLO exposure.

How large is Janus Henderson's presence in AAA CLO strategies?

Janus Henderson oversees more than $30 billion across comparable AAA CLO strategies and manages around $500 billion in total assets. The JAAA fund itself entered the market in mid-2025 with $1 billion in seed capital from the Sky ecosystem, and its on-chain assets are currently estimated at between $580 million and $690 million.

Where else in DeFi is JAAA already being used besides Pendle?

JAAA has already seen use on the Aave Horizon and Morpho lending platforms. Governance discussions there have focused on borrowing limits, with proposals dated October 15, 2026 suggesting the token's loan-to-value parameters on Aave Horizon be raised to 87% and 89%.

What risks come with trading AAA CLO yield on Pendle?

The top credit rating does not eliminate risk. Because the fund pays a floating rate, rate moves change what yield buyers receive, and the deJAAA wrapper adds smart contract and structural complexity over the underlying fund. Higher loan-to-value proposals on Aave Horizon would also thin the buffer if prices shift or redemptions bunch up.

Sources

France DeFi Liability Plan Would Hit Crypto Exchanges Offering DeFi Access

France DeFi Liability Plan Would Hit Crypto Exchanges Offering DeFi Access

by | Oct 21, 2026 | DeFi

France DeFi liability proposals published Wednesday would make crypto exchanges responsible for certain customer losses when they offer access to decentralized finance protocols, according to Cointelegraph. The plan, filed as part of a joint response to a European Commission consultation, would require platforms to check DeFi protocols before listing them and to answer for some incidents if they fail to vet the protocols or ignore known security risks.

The proposal matters because the EU's Markets in Crypto-Assets Regulation currently excludes services provided in a fully decentralized manner without intermediaries. France's approach would not try to regulate DeFi protocols directly. Instead, it would extend investor safeguards by placing new duties on the regulated platforms that connect customers to those protocols.

The joint response came from France's Treasury, the Financial Markets Authority, the central bank and the Prudential Supervision and Resolution Authority, Cointelegraph reported. That broad lineup shows the proposal carries weight across both market regulation and banking supervision in France.

What France DeFi liability rules would require

Under the French proposal, crypto-asset service providers would have to vet DeFi protocols before offering access and then monitor them for vulnerabilities and suspicious activity, Cointelegraph reported. The authorities also backed certification of protocols and smart contracts, alongside liability for platforms in certain incidents.

The authorities said the liability should apply where platforms actively helped customers reach DeFi services. “CASPs [crypto-asset service providers] should be liable for certain incidents affecting clients where they actively facilitated access,” they said, according to Cointelegraph.

The obligations would fall most heavily on significant CASPs, while smaller providers would face scaled requirements. Platforms would still be able to connect customers to uncertified protocols if they carried out their own due diligence and gave enhanced risk disclosures, the authorities said.

That structure would give exchanges a compliance path even when a protocol had not been certified. It would also place more responsibility on platforms to identify weaknesses before customers are exposed to them.

Wallets and the limits of certification

France also addressed non-custodial and self-custodial wallets, opposing blanket certification requirements for developers, Cointelegraph reported. Instead, the authorities favored voluntary certification for more advanced wallets that integrate DeFi services.

That position suggests France is trying to draw a line between software providers and regulated intermediaries. The emphasis remains on platforms that actively facilitate access rather than on every tool used to interact with decentralized markets.

The wallet stance fits the broader logic of the proposal. Rather than impose one standard across all parts of the crypto market, France is arguing for duties that rise when a provider plays a more direct role in giving users access to DeFi.

Wider MiCA changes backed by Paris

Beyond DeFi, France supported shifting oversight of significant CASPs away from national watchdogs and toward the European Securities and Markets Authority, according to Cointelegraph. The authorities also said the current MiCA line for identifying significant platforms, set at 15 million average daily active users in the EU, should be lowered.

They also said regulators should weigh factors such as custody assets, business risks and group complexity in determining which platforms belong under ESMA oversight. In addition, France sought a fresh look at MiCA's asset-referenced token category, which applies to tokens built to hold a stable value by referencing assets or combinations of assets.

The authorities noted that no asset-referenced tokens had been authorized under MiCA. They proposed adapting the e-money token framework to cover multicurrency stablecoins instead.

Together, those proposals show that France is not only focused on DeFi access. It is also using the consultation to press for tighter supervision of large platforms and a rethink of how stable-value tokens are categorized under the law.

Why the Commission is reviewing MiCA

The European Commission is reviewing whether MiCA needs updating as crypto markets develop, Cointelegraph reported. Its consultation sought views on activities that sat outside the law's original scope, including DeFi.

The responses will feed into a report to EU lawmakers due by June 30, 2027. That report could include proposals to amend the law, meaning France's submission is an early step in a longer legislative process rather than an immediate rule change.

For now, the French plan is a policy position, not a binding rule. But it gives a clear signal that one of the EU's largest financial regulators wants MiCA revised to reach platforms that serve as gateways to decentralized markets.

A wider debate over who bears responsibility

The French proposal lands as regulators debate how far liability should extend across crypto markets. The Blockchain Association has urged the US Treasury to narrow proposed GENIUS Act rules and to distinguish regulated stablecoin businesses from DeFi software, validators and ordinary secondary-market activity, according to CryptoRank.

The association wants officials to separate businesses that deal directly with customers from infrastructure such as self-custody software and validators. It also argues that enforcement should require genuine knowledge and meaningful assistance, rather than treating ordinary secondary-market activity as evidence of involvement.

Those are advocacy positions, not changes Treasury has adopted. Still, the US debate underscores the same question raised by France's MiCA response: where regulators should draw the line between financial intermediaries and the software around them.

Conclusion

France's proposal would keep DeFi itself outside direct regulation while making regulated exchanges responsible when they actively connect customers to risky protocols. The next concrete step is the European Commission's report to EU lawmakers by June 30, 2027, which could lead to formal amendments to MiCA.

Frequently Asked Questions

What did France propose for crypto exchanges offering DeFi access?

France proposed that crypto exchanges vet DeFi protocols before offering access, monitor them for vulnerabilities and suspicious activity, and face liability for certain customer incidents where they actively facilitated access, according to Cointelegraph.

Would MiCA's rules change immediately because of France's proposal?

No. France submitted its position in response to a European Commission consultation. Those responses will feed into a report to EU lawmakers due by June 30, 2027, and that report could lead to proposed amendments to MiCA.

Does France want all DeFi protocols certified before exchanges can list them?

No. France backed certification of protocols and smart contracts, but exchanges could still offer access to uncertified protocols if they did their own due diligence and gave customers stronger risk disclosures.

What did France say about self-custodial wallets?

French authorities opposed blanket certification requirements for developers of non-custodial or self-custodial wallets. They supported voluntary certification for more advanced wallets that integrate DeFi services.

What other MiCA changes did France support?

France backed moving supervision of significant CASPs to ESMA, lowering the 15 million average daily active user threshold, and reviewing the asset-referenced token category. It also proposed adapting the e-money token framework for multicurrency stablecoins.

Sources