AMF announces crypto-asset notification procedures under MiCAR

The European Union states that MiCA establishes uniform rules for crypto-asset issuers and service providers not covered by existing EU laws. It aims to ensure transparency, consumer protection, and market stability with specific obligations for different types of crypto-assets, including e-money and asset-referenced tokens. The regulation became effective on December 30, 2024, and includes provisions on governance, disclosure, and preventing market abuse. Oversight is provided by EU authorities like the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA).

The AMF is an independent public authority in France responsible for overseeing financial markets, market participants, and investment products. It ensures that investors are informed and that markets operate orderly. The AMF also engages in regulatory development at both European and international levels, focusing on areas such as sustainable finance and digital changes' impact on the economy. It operates through two main bodies: the board and the enforcement committee. The agency works towards establishing consistent international standards in financial markets.