Crypto companies without EU licences face prosecution, French regulator warns


Representation of cryptocurrencies are seen in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

PARIS, May ⁠28 (Reuters) - France’s top markets regulator warned ⁠crypto companies they could be ‌blacklisted and sued if they do not get an EU licence to operate by end ​of June, as the bloc ⁠fully rolls out ⁠tighter regulation of crypto.

Under the European ⁠Union's crypto ‌rules, MiCA, crypto companies have until June 30 to ⁠get a licence to continue operating ​in ‌the bloc. European regulators have already ⁠warned that ​companies without licences need to have "orderly wind-down plans" in place.

"It’s becoming very ⁠very urgent to finalise the ​licences applications," Marie-Anne Barbat-Layani, president of the French markets regulator, AMF, said at ⁠a press event on Thursday.

Crypto companies which have not secured licences by the EU's deadline will be put ​on blacklists and ⁠will face enforcement action, including prosecution, if ​they continue to ‌actively seek EU customers ​without authorisation, Barbat-Layani said.

(Reporting by Elizabeth Howcroft, editing by John O'Donnell)

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