The AMF Gives Crypto Companies Until June 30 to Obtain Their MiCA Approval

The countdown is officially underway for the tricolor crypto ecosystem. In an unequivocal statement, the Financial Markets Authority (AMF) set a strict deadline of June 30, 2026 for crypto companies operating in France to obtain their approval under the new European MiCA regulation. After this date, those operating without MiCA approval will be considered illegal on the territory.

The AMF toughens its stance against crypto companies

During a press event held on May 28, 2026, the president of the AMF, Marie-Anne Barbat-Layani, was straightforward. Crypto companies that do not meet the deadline will be required to present orderly shutdown plans. In other words, they will be obliged to transfer their clients and cease their activities.

Since December 30, 2024, any new crypto company wishing to enter the French market had already to obtain MiCA approval. The June 30 deadline therefore specifically concerns historical operators, still under the old PSAN regime. According to AMF data, 90 digital asset service providers (PSAN) had still not obtained their MiCA license in January 2026. Among them, only 30% had submitted an application. Worse still: 40% declared they had no intention of doing so.

From July 1, 2026, only crypto service providers holding full authorization as CASP (Crypto-Asset Service Provider) will be allowed to operate in France.

Crypto regulation in France: what MiCA concretely changes

The European regulation MiCA came into effect in 2024. It harmonizes the rules across the 27 EU member states. Its key principle: a license obtained in one member country is sufficient to operate throughout the European Union.

This European passport represents a considerable advantage for serious crypto players. The fact is that companies that pass the approval step gain instant access to a market of 450 million consumers.

France had already adapted its legislative framework upstream with:

• Ordinance 2024-936 of October 2024;
• Decree 2025-169 of February 2025.

The AMF also acts in line with the orientations of ESMA, which coordinates the application of MiCA among national crypto regulators. The crypto regulator even threatens to block certain licenses issued in other European countries if it considers the controls too lax. This position notably targets the divergences observed around the validations granted in Malta.

Analysts believe this decision will accelerate the consolidation of the crypto sector. Large compliant platforms will capture most volumes, while smaller structures (suffocated by compliance costs) risk having to close or leave the European territory. In any case, the consequences could be significant for France’s digital financial sovereignty.

One thing is certain: the era of regulatory tolerance is over. Crypto companies have just a few weeks left to comply with MiCA or disappear from the French market. For well-prepared players, it will be a historic opportunity to consolidate their position in Europe.