As the EU licensing deadline looms, the French regulator has expressed concerns over the lack of responsiveness from several crypto firms. This situation raises significant questions about compliance and the future of these businesses in the European market. 🏦🔍
The French financial authority has reported that numerous crypto companies have failed to respond to requests for information regarding their licensing status. This unresponsiveness could lead to severe consequences, including potential penalties or the inability to operate within the EU. ⚖️📉 As the deadline approaches, the pressure is mounting for these firms to ensure they meet all regulatory requirements. The regulator emphasizes the importance of transparency and communication in maintaining trust within the financial ecosystem. 🌐🤝
