France mulls fast-tracking registered crypto firms to new EU rules

France mulls fast-tracking registered crypto firms to new EU rules



Following the recent adoption of the cryptocurrency-focused Markets in Crypto Assets Legislation (commonly known as "MiCA") by the European Parliament, more countries have been observed imitating the EU's actions and embracing MiCA.



Notably, France is currently the newest nation to join in on the increasing MiCA adoption. The French regulator, L'Autorité des marchés financiers (AMF), stated on Friday that it is considering offering registered enterprises in the area a "Fast Track" path to MiCA compliance.



AMF To ‘Fast Track’ MiCA For Registered Firms



The regulatory framework for cryptocurrencies in France now divides businesses into two groups. A "simple" registration process is required for all businesses, although a higher level of authorisation is optional and requires more information. Companies will nevertheless be subje


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#Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #MiCA, #Regulations

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