Hervé Maurey, a member of the French Senate’s finance commission has proposed an amendment to the existing regulation that allows crypto companies to operate without a full license until 2026 to the French Parliament. If the amendment is passed, those crypto companies will need to apply for a license from the Autorité des Marchés Financiers (AMF) from October 2023. Maurey said the collapse of FTX led to the consideration of tighter crypto regulation in the country. The amendment was adopted by the Senate on 13 December and will be deliberated in Parliament in January 2023.

Source: https://cointelegraph.com