French officials are pushing for tighter oversight of crypto, particularly in relation to non-euro stablecoins under the European Union's Markets in Crypto-Assets Regulation (MiCA). Denis Beau, First Deputy Governor of the Bank of France, has called on the EU to restrict the use of stablecoins for payments, particularly those pegged to non'teuro currencies. In a separate move, France's National Assembly has approved a provision requiring annual reporting of self-hosted crypto wallets above a 5,000 euro threshold. This move comes as Europe considers how to contain the growing role of US dollar-linked stablecoins while tightening oversight of non-regulated crypto assets held outside regulated platforms.