MiCA regulation revision: The French authorities publish their joint proposals

This is an early-stage policy contribution rather than binding EU law, so it should be treated as a watch-list item for compliance teams rather than an immediate remediation trigger. Firms with crypto-asset exposure should map their activities against the existing MiCA perimeter, including CASP authorisation, stablecoin issuance, custody, trading venues and cross-border passporting. Compliance leads should log the publication, monitor EU legislative milestones and assess whether future changes could affect product governance, disclosure, market-abuse controls and consumer protection.

Engagement through trade associations and direct supervisory dialogue may help shape the French and EU-level debate. No immediate filing or operational change is required, but firms should update regulatory change logs, refresh crypto risk assessments and prepare scenario plans for possible revisions to authorisation, governance and conduct expectations.