CoinShares Achieves Regulatory Milestone: Receives Green Light from French Authority to Operate Under Groundbreaking EU Crypto Rules.
The authorization, officially issued on July 18th by the Autorité des Marchés Financiers (AMF), empowers the company to manage digital asset portfolios and provide advisory services related to crypto assets throughout the European Union.
This regulatory nod was granted to CoinShares Asset Management, the company’s French division. Securing this approval makes CoinShares the first asset management firm headquartered in continental Europe to gain registration under MiCA, the EU’s landmark crypto regulatory framework.
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The firm already operates under the Markets in Financial Instruments Directive (MiFID), which governs traditional financial activities, and the Alternative Investment Fund Managers Directive (AIFMD), regulating certain investment funds.
CoinShares emphasized that it is currently the sole European crypto asset manager to possess all three of these significant regulatory permissions.
Possessing these approvals allows CoinShares to legitimately offer a range of crypto-related services throughout the EU. The company has already expanded its footprint to several member nations, including Germany, Ireland, Cyprus, Lithuania, Luxembourg, Malta, and the Netherlands, leveraging the EU’s “passporting” regime.
CoinShares CEO Jean-Marie Mognetti commented that the new EU framework delivers a more standardized and dependable regulatory environment. He highlighted that, previously, crypto businesses operated under provisional or fragmented systems, but MiCA establishes unified standards across all EU member states.
Meanwhile, companies delivering crypto services across the EU must adhere to new regulations starting in July 2027. What areas do these regulations address? Explore the complete story.
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