France may ban crypto companies licensed by other EU countries from operating in the country

According to Odaily Planet Daily, the French Financial Markets Authority (AMF) has stated that it may ban cryptocurrency companies licensed in other EU countries from operating in France, citing concerns that overly lax regulatory requirements in some jurisdictions could lead to enforcement loopholes under the MiCA framework. Furthermore, France, along with Austria and Italy, has called for the European Securities and Markets Authority (ESMA) to unify the supervision of major crypto companies and supports the revision of MiCA to strengthen oversight of crypto activities and cybersecurity outside the EU. (Cointelegraph)