Woofun AI reports that the French cryptocurrency exchange Paymium has received an official license from the French Financial Markets Authority (AMF) under the EU Markets in Crypto-Assets (MiCA) regulation. This authorization permits the platform to continue offering trading services within the European Union once the new regulatory framework becomes fully effective. Established in 2011, Paymium states it is the sole cryptocurrency exchange operating in France, serving more than 230,000 customers globally, including both individual and institutional clients.

The MiCA regulation mandates that platforms secure approval from national regulators by June 30 to avoid forced cessation of operations, with full implementation scheduled for the end of 2024. Currently, approximately 20 companies in France have received approval, while around 50 have not yet submitted applications. Across Europe, roughly 200 companies have been certified under the new standards.