France’s AMF Flags Silence from One-Third of Crypto Firms Ahead of MiCA Deadline

The AMF (France’s financial markets regulator) warns that 30% of registered crypto companies have not disclosed compliance plans before MiCA transition ends on June 30, 2025.

Summary

France’s AMF (France’s financial markets regulator) reports that nearly one-third of 90 crypto companies have not communicated their compliance plans ahead of the European Union’s MiCA (Markets in Crypto-Assets regulation) transition deadline on June 30, 2025. According to the AMF, 30% of firms have applied for licenses, 40% have opted out of continuing operations under MiCA, while 30% remain silent, raising concerns among regulators about readiness and adherence to upcoming rules.

Terms & Concepts
  • AMF (France’s financial markets regulator): The Autorité des marchés financiers oversees France’s financial markets, ensuring compliance with securities and investment regulations.
  • MiCA (Markets in Crypto-Assets regulation): An EU regulatory framework that standardizes rules for crypto-assets and service providers across member states to enhance investor protection and market stability.