The French markets regulator said it started accepting applications for CASP licenses on July 1, the first major European Union economy to do so, as more provisions of the bloc's MiCA rules are set to take effect at the end of the year. In a post on its website on Friday, the Autorité des Marchés Financiers (AMF) noted 10 aspects of the legislation that kick in on Dec. 30, including providing custody and administration of crypto-assets on behalf of clients and operating a crypto-asset trading platform. The AMF has welcomed crypto companies in the past, and in May last year already had 74 companies registered under its own regime.
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