The Autorité des Marchés Financiers (AMF), France’s financial markets regulator, has unveiled changes to local crypto regulations in order to comply with the European Union’s Markets in Crypto-Assets (MiCA) regime.
AMF Tweaks Registration And Licensing Framework For DASPs
In a blog post published on Thursday, August 10, the AMF announced the introduction of an “enhanced” registration framework for digital asset service providers (DASPs) and changes to local DASP licensing requirements.
According to the AMF, digital asset service providers looking to acquire a license in France will be evaluated for a broad range of requirements, including “adequate security and internal control systems, systems for managing conflicts of interest, clear, accurate and non-misleading information, public pricing policies, specific custody provisions (segregation of client assets vs. own assets).”
These requirements would also entail a ban on using client assets without their express prior
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