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Crypto
France moves to clear out unlicensed crypto firms as MiCA deadline nears
Crypto companies operating in France without authorisation may have to stop local business if they fail to secure a Markets in Crypto-Assets (MiCA) licence by June 30, local time. The French financial markets regulator AMF has demanded that firms lacking approval by the deadline begin procedures to leave France or shut down. AMF head Marie-Anne Barbat-Layani said firms must prepare wind-down plans to transfer customers and settle assets and services.
Crypto
Binance applies for MiCA licence in Greece
Binance has applied for its first licence in Greece in line with the European Union’s Markets in Crypto-Assets (MiCA) regulation, Cointelegraph reported on Thursday. A Binance spokesperson said the company is working with the Hellenic Capital Market Commission and said the regulation will contribute to growth in the EU digital finance ecosystem. The move follows a warning from France’s AMF on MiCA compliance among crypto firms.
Crypto
France warns 90 unlicensed crypto firms ahead of MiCA deadline
France\'s financial regulator has warned 90 unlicensed crypto firms ahead of the end-June deadline for applying the EU Markets in Crypto-Assets (MiCA) regime, Cointelegraph reported. The AMF said 30 percent of the firms did not respond on whether they had applied for a licence, while 40 percent said they do not plan to obtain one. It warned non-compliant firms could be forced to stop operating from July.