French Regulator Gives Crypto Firms June 30 Deadline for MiCA Licensing
Summary
The French Financial Markets Authority (AMF) has issued a deadline of June 30 for crypto companies operating in France to obtain necessary licenses under the EU’s Markets in Crypto Assets (MiCA) framework. Firms failing to comply must implement orderly wind-down plans to cease operations. This move comes amid broader tensions regarding the centralization of European crypto oversight, with concerns that shifting regulatory authority to the European Securities and Markets Authority (ESMA) could impact the current cross-border passporting model for crypto licenses.
(Source:Cointelegraph)