MiCA regulation revision: The French authorities publish their joint proposals

Although these are proposals rather than binding rules, they are relevant to firms with EU cryptoasset exposure because they can shape supervisory expectations, future legislative changes, and cross-border licensing conditions. Compliance teams should treat this as a strategic intelligence trigger: map the proposals against current MiCA authorisation, governance, conduct, custody, stablecoin, and AML/CFT controls; identify where French supervisors may seek clearer or stricter standards; and assess impacts on product design, distribution models, and passporting. Firms without direct EU exposure should monitor for read-across to UK cryptoasset regulation.

Engagement opportunities may arise through trade bodies and future consultations. No immediate filing or remediation deadline is attached, so prioritise gap analysis, board briefing, and horizon scanning over urgent operational change. RegCanary recommends assigning ownership to regulatory change teams and tracking French and EU-level follow-up closely.