The French Financial Markets Authority (AMF) warned that crypto companies operating in the country without a license have until June 30 to acquire the permits or exit the country.
AMF President Marie-Anne Barbat-Layani told a press event that crypto companies that fail to obtain a license by the deadline must have “orderly wind-down plans” to offload customers and end their operations, according to Reuters.
Under the European Union’s Markets in Crypto Assets (MiCA) regulatory framework, crypto service providers are required to have licenses to operate, but can acquire a license in any of the 27 EU member states and “passport” the license to any of the other member nations.
With the MiCA deadlines looming, tensions are mounting between EU member states about licensing requirements and whether control over Europe’s crypto regulations should be centralized by the European Securities and Markets Authority (ESMA).
LATEST: 🇫🇷 France’s financial markets regulator AMF has set a June 30 deadline for crypto firms to secure MiCA licenses. pic.twitter.com/Zwy9sNtWgh
— CoinMarketCap (@CoinMarketCap) May 29, 2026
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