The MiCA countdown has begun. France's move is quite aggressive; in 33 days, either compliance or exit. The European crypto market is about to be reshuffled.

Crypto World News reports that the French Financial Markets Authority (AMF) has warned crypto companies that they must obtain MICA licensing before June 30, or they will be forced to exit the market. AMF Chair Marie-Anne Barbat-Layani stated that crypto companies must complete their licensing applications before the deadline. Unlicensed crypto companies must become MICA compliant within 33 days or prepare an orderly exit plan so that customers can recover or transfer their crypto assets. France's transition period will end on July 1, 2026, after which only authorized crypto asset services will be permitted.