French regulator says some crypto firms unresponsive as EU licence deadline approaches

Representations of cryptocurrencies are seen in front of displayed words "Cryptocurrency market" and decreasing stock graph in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration

PARIS, Jan 13 (Reuters) - ‌Nearly a third of crypto companies without an EU licence in France ‌are still to tell the regulator whether they intend to get the ‌licence required under new EU rules or will cease operating by July, the country's markets regulator warned on Tuesday.

Under the European Union's crypto rules, MiCA, crypto companies must receive licences from national regulators in ‍order to be able to operate across the bloc.