Citing crypto market turmoil, France's central bank governor has urged the country to move from an optional to a mandatory crypto licensing regime 'as soon as possible.'
in Dec. 2022 by Senate finance commission member Hervé Maurey to eliminate a clause allowing companies to operate unlicensed.
Current laws in France allow firms to operate unlicensed until 2026 even if, or when, MiCA passes into law and establishes a licensing regime.MiCA has been grinding its way through the EU parliament since Sep. 2020.the European Parliament Committee on Economic and Monetary Affairs , 2022 as a result of trialogue negotiations between the EU Council, the European Commission and the European Parliament.
The final Plenary vote for MiCA was rescheduled from the end of 2022 to Feb. 2023. European Parliament member Stefan Berger explained to Cointelegraph in Nov. 2022 the
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