France to Block EU Crypto Firms?

France threatens to block some EU-licensed crypto firms! Are loopholes in Europe's new MiCA rules creating a race to the bottom for crypto regulation? France, Italy, and Austria are demanding tougher, centralized oversight to protect investors, fearing some countries are handing out licenses too easily. Is this the end of crypto's EU passport, or will pushback from other member states keep control national? Hosted on Acast. See acast.com/privacy for more information.