French regulators have indicated that they would be happy to welcome crypto companies fleeing regulatory uncertainty in the US.
U.S. regulators have yet to hear about regulating the cryptocurrency industry. to the consensus failure to arrive Cryptocurrency companies operating in the country due to operations, a country with much more crypto-friendly regulations moved to France specified. French regulators, companies that shift their operations to the country they will gladly welcome reported.
Secretary General of the French financial regulator (AMF) Benoit also juving 16 May in his statement on 2019 in the year enacted crypto service providers oriented the legislation enacted spherical in the sense from leading jurisdictions He said he made it one. USA wanting to leave the regime to companies of the gates is open indicating secretary, He made the following statements on the subject:
Our door is always open if American players want to take advantage of the French regime and the European rules that will apply from 2025. Our talks with our US counterparts continue to be positive.
On the other hand, France’s regulatory system is relatively predictable And stable It is underlined that the operations it’s not easy was also noted. In the present case, Binance, Bitstamp and other 72 different cryptocurrency company anti money laundering procedures were stated. Also, no company did not apply though it’s enough requirements providers who can applying for a license It was also noted that it can be found. In addition, the procedures of the regulator ignore against doing willing It was also noted that.
Besides all these difficulties your regulations some to gray dots It is also among the striking details. Cryptocurrency under regulation influencers about various disagreements while it is known of the European Union also decentralized assets And organization of operations about yet under discussion It is noted that.
Some crypto actors your procedures increasingly tough And LONG on the line it takes realization of almost impossible although it claims to be AMF from the authorities Stephane Pontoizeau the process of companies working on the course you’ll get over it easily expressed.
Circle Internet Financial official, issuer of USD Coin (USDC) stablecoin Teana Baker Taylor, AMF’s foresight And renowned for master risk management to the regulator by stating that it is a regulatory body. your trust expressed.