France to suspend crypto firms without MiCA license from July

France's Financial Markets Authority (AMF) has warned that it will order companies without a European Union Markets in Crypto-Assets (MiCA) license to cease operations starting in July. According to Cointelegraph, of the roughly 90 crypto firms registered with French authorities, about 40% have no intention of obtaining a license, while another 30% have not responded to official inquiries. France has granted licenses to only a few companies since the full implementation of MiCA.