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The country's Financial Markets Authority is also looking for entities willing to test out DLT-based securities trading. Crypto companies operating in France were urged to prepare for tough European Union standards by a senior official from the country's Financial Markets Authority (AMF) on Wednesday. AMF Secretary-General Benoît de Juvigny confirmed the country would be winding down its lighter national registration regime for crypto service providers. As of 2024, that system will be replaced by the EU Markets in Crypto Assets (MiCA) framework – which goes much further than the anti-money laundering checks currently carried out by France to include guarantees intended to ensure investor protection, market integrity and financial stability. “The time for registering under the French regime … will soon come to an end,” Juvigny told a Fintech event in Paris hosted by the AMF and France's central bank. “I invite stakeholders to look, as of now, for the level of obligations which will soon be compulsory under MiCA.” Juvigny also welcomed new EU rules intended to allow financial-market traders to test out systems based on distributed ledger technology (DLT) as of next year – and confirmed that France will take part in the trials.

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【Time’s running out for French crypto registration regime, regulator says】The country's Financial Markets Authority is also looking for entities willing to test out DLT-based securities trading.
Crypto companies operating in France were urged to prepare for tough European Union standards by a senior official from the country's Financial Markets Authority (AMF) on Wednesday.
AMF Secretary-General Benoît de Juvigny confirmed the country would be winding down its lighter national registration regime for crypto service providers.
As of 2024, that system will be replaced by the EU Markets in Crypto Assets (MiCA) framework – which goes much further than the anti-money laundering checks currently carried out by France to include guarantees intended to ensure investor protection, market integrity and financial stability.
“The time for registering under the French regime … will soon come to an end,” Juvigny told a Fintech event in Paris hosted by the AMF and France's central bank. “I invite stakeholders to look, as of now, for the level of obligations which will soon be compulsory under MiCA.”
Juvigny also welcomed new EU rules intended to allow financial-market traders to test out systems based on distributed ledger technology (DLT) as of next year – and confirmed that France will take part in the trials.

Time’s running out for French crypto registration regime, regulator says

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