France's financial regulator, the AMF, is considering a "fast track" option for licensed crypto firms to get regulated under the upcoming Markets in Crypto-Assets (MiCA) laws. The AMF is looking to plug the gap relating to aspects such as fund provision regulations of crypto firms, conflict of interest policies, and the alignment of requested documents required under AMF and MiCA regulations. The MiCA regulatory package was passed by the European Parliament on April 20 and is tentatively slated to come into effect from the start of 2025. The regulation aims to establish a clear and consistent regulatory framework for crypto assets among the European Union member states. (Cointelegraph)
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