The amendment may oblige companies to obtain a license from the financial regulator from October 2023.
Following the global trend of tightening the crypto regulation in the aftermath of recent market failures, France may reassess its eased regime of licensing for digital asset providers. That would challenge the nation’s efforts to present itself as one of the most pro-crypto countries in Europe.proposed
Maurey’s amendment will end the option to operate without stringent checks as it will oblige companies to obtain a license from the Autorité des Marchés Financiers from October 2023. In his words, the FTX collapse was a game-changer in that regard:
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