Informational only, not legal advice. Verify with qualified counsel before acting. Full disclaimer

🇫🇷 France

AMF, MiCA CASP (agrément PSCA)

Last verified 2026-07-01 Next review 2026-07-15

Licence type

MiCA CASP authorisation (French 'agrement PSCA'); replaces the legacy PSAN regime (mandatory AML registration + optional licence). A single authorisation covers the 10 MiCA services.

Regulator

AMF (Autorite des marches financiers) grants and supervises the CASP authorisation; ACPR (Banque de France) gives binding assent on AML/CFT and prudential aspects via a joint examination team.

Capital requirement 🔒

Timeline to authorisation 🔒

Local substance 🔒

Application cost 🔒

Ongoing cost 🔒

Passporting 🔒

MiCA CASPs approved 🔒

Key restrictions 🔒

Recent changes

France used the full 18-month transition, ending 1 Jul 2026 (today). Deblock first CASP (May 2025), SG-Forge (Oct 2025); ~18 CASPs authorised by 28 May 2026. AMF adopted ESMA staff knowledge/competence guidelines (Mar 2026).

Difficulty rating 🔒

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Informational only, not legal advice. Entries marked as placeholder or awaiting verification must not be relied on. Confirm all requirements with France's regulator and qualified local counsel before acting.