France Threatens to Block Crypto Firms Under MiCA Regulation
12h15 ▪
3
min read ▪ by
While the MiCA regulation promised harmonization of the European cryptocurrency market, France warns of its flaws. Result: The country could block access for certain foreign crypto companies to its market. More details in the paragraphs below.
In brief
- France could refuse the MiCA passport to crypto companies licensed in countries considered too lenient.
- Paris demands centralized European supervision to avoid uneven crypto regulations among EU member states.
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