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France Offers Regulatory Certainty to Crypto Companies Fleeing US Uncertainty

France is offering a welcoming environment for crypto companies seeking regulatory certainty amidst uncertainty in the US. The country already has 74 registered crypto companies, with more expected to join as they anticipate the EU's Markets in Crypto Assets rules. France's regulatory framework, known as PSAN, offers predictability and legal certainty, though there are still some gray areas, such as the regulation of crypto social media influencers. The AMF, responsible for supervising market infrastructure and intermediaries, has a reputation for being a major market regulator that manages risk well.

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