On August 10th, the French financial regulator AMF announced that France has revised the registration requirements for cryptocurrency companies to better comply with the new EU MiCA regulations on the industry. The enhanced registration requirements will come into effect on January 1, 2024 and will be mandatory for new players seeking to provide any regulated service, the AMF said. The changes will also allow for a fast-track procedure to authorize companies already operating in the country with approval.

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