Bank of France Governor Francois Villeroy de Galhau is urging stricter regulatory requirements for crypto firms in France, according to Bloomberg. He stated that the recent volatility in the crypto industry means that France should not wait until MiCA comes into effect to make it mandatory for Digital Asset Service Providers (DASPs) to obtain a license from the authorities, which is currently optional and no provider has such a license in France, Some 60 companies, including Binance, have received less stringent "registration" from the French market regulator AMF.