France moves to block crypto firms despite MiCA licensese due to lax standards in some jurisdictions

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Assad Jafri

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Mentions

People	Marie-Anne Barbat-Layani, Verena Ross
Organizations	AMF, ESMA, Coinbase, Gemini

Code	Name
EU	🇪🇺European Union
FRANCE	FRANCE

Target	Sentiment	Comment
🇪🇺 European Union	Bearish	France and other countries are pushing for stricter oversight, indicating concerns about the current regulatory framework.
Coinbase	Bearish	Coinbase's MiCA license in Luxembourg may be challenged by France, creating uncertainty for its operations.
Gemini	Bearish	Gemini's MiCA license in Malta may face scrutiny due to France's potential refusal to recognize licenses from jurisdictions with lax standards.