A very interesting trend is AML.
If the CUS procedure is almost everywhere, then in a few years AML will also be mandatory. And many hodlers will have problems. And some businessmen will have to sell coins on the shadow market and legalize new coins.
The article does not mention AML anywhere, it is only about the fact that the rules regarding the registration of crypto companies in France should be tightened. Laws on money laundering are already mandatory throughout the EU, only some member states do not implement them in full, but allow transactions of a certain value to be made without KYC.
Every serious business person respects the law and pays taxes, and I don't see any problem there for anyone, not even for ordinary people who legally trade with cryptocurrencies. Besides, why sell something at all if you can use it as currency - maybe not in France, but you can take your digital assets with you anywhere - go live in El Salvador or on an exotic trip to Boracay where no one will ask you about the origin of what you pay with.
Prior to that, counterparties were only required to comply with basic AML regulations. However, none of the digital asset service providers (VASPs) had ever gone through the full registration process.
The amendment introduced a more "lenient" licensing regime as opposed to the Senate's extremely stringent requirements. Recall that in December, lawmakers proposed requiring all contractors in the VASP category to be fully licensed by October of this year.
Currently, crypto companies prefer to register with the French Financial Market Supervision Commission (AMF) instead of obtaining a license. Currently, there are 60 companies on this list.
All in all, it won't be long now. Everything will be resolved today. We are waiting!