By Reuters

Illustration shows representation of cryptocurrencies. Reuters

(Reuters) - France’s top markets regulator warned crypto companies ‌they could be blacklisted and ‌sued if they do not get an EU ​licence to operate by end of June, as the bloc fully rolls out tighter regulation of crypto.

Under the ‌European Union's crypto ⁠rules, MiCA, crypto companies have until June 30 to get ⁠a licence to continue operating in the bloc. European regulators have ​already warned ​that companies without ​licences need to ‌have "orderly wind-down plans" in place.

"It’s becoming very very urgent to finalise the licences applications," Marie-Anne Barbat-Layani, president of the French markets regulator, AMF, said ‌at a press event ​on Thursday.

Crypto companies which ​have not ​secured licences by the ‌EU's deadline will be ​put on ​blacklists and will face enforcement action, including prosecution, if they continue ​to actively ‌seek EU customers without authorisation, ​Barbat-Layani said.

(Reporting by Elizabeth Howcroft, editing ​by John O'Donnell)

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