Cryptocurrency companies that decide to leave the US market amid tightening regulation will be welcome in France. This was announced by the Secretary General AMF Benoît de Juvigny, writes CoinDesk.
“If American players want to benefit from the French regime [регулирования] in the very short term, and from the beginning of 2025, from European agreements, then we welcome them. We have good relations with American partners,” he added.
According to the publication, about 74 cryptocurrency companies have already been registered in France. Their number may increase after the EU Council of 27 countries unanimously approved a bill to regulate the crypto assets market on May 16 (MiCA).
The document, adopted on April 20, requires companies to obtain a license to operate in the European Union, and stablecoin issuers to have a backup. In May, the EU Council also approved new measures to combat money laundering.
In the US, the situation is fundamentally different. From the beginning of 2023 SEC pointed to violations in the work of Bittrex, Coinbase, Kraken, Gemini and Genesis.
Recall that in May, Hester Pierce, commissioner of the department, said that MiCA could become the starting point for the regulatory framework in the United States.
In March, Coinbase CEO Brian Armstrong noted that the SEC’s regulatory policy on cryptocurrencies would negatively affect the US financial situation.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
Cryptocurrency companies that decide to leave the US market amid tightening regulation will be welcome in France. This was announced by the Secretary General AMF Benoît de Juvigny, writes CoinDesk.
“If American players want to benefit from the French regime [регулирования] in the very short term, and from the beginning of 2025, from European agreements, then we welcome them. We have good relations with American partners,” he added.
According to the publication, about 74 cryptocurrency companies have already been registered in France. Their number may increase after the EU Council of 27 countries unanimously approved a bill to regulate the crypto assets market on May 16 (MiCA).
The document, adopted on April 20, requires companies to obtain a license to operate in the European Union, and stablecoin issuers to have a backup. In May, the EU Council also approved new measures to combat money laundering.
In the US, the situation is fundamentally different. From the beginning of 2023 SEC pointed to violations in the work of Bittrex, Coinbase, Kraken, Gemini and Genesis.
Recall that in May, Hester Pierce, commissioner of the department, said that MiCA could become the starting point for the regulatory framework in the United States.
In March, Coinbase CEO Brian Armstrong noted that the SEC’s regulatory policy on cryptocurrencies would negatively affect the US financial situation.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
