French regulator says crypto firms without EU license could face criminal action

France's Financial Markets Authority (AMF) has warned that cryptocurrency companies failing to obtain a license under the EU's Markets in Crypto-Assets (MiCA) regulation by June 30 could be blacklisted and face criminal action. According to Reuters, AMF Chair Marie-Anne Barbat-Layani emphasized that the deadline for license applications is extremely urgent. She added that any firm continuing to solicit customers without a license could be subject to sanctions and prosecution.