The AMF gives crypto companies until June 30 to obtain their MiCA approval

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

The AMF toughens its tone against crypto companies

During a press event organized on May 28, 2026the president of the AMF Marie-Anne Barbat-Layani was blunt. Crypto businesses that fail to meet the deadline will be required to submit plans for orderly closure. In other words, they will be obliged to transfer their customers and end their activities.

Since December 30, 2024, all new crypto company wishing to enter the French market must already 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 (DASP) had still not obtained their MiCA license as of January 2026. Of these, only 30% had applied. Even worse: 40% said they had no intention of doing so.

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

Crypto regulations in France: what MiCA actually changes

THE European regulation Mica came into force in 2024. It harmonizes the rules of the game across the 27 EU member states. Its key principle: a license obtained in a single 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 stage suddenly gain 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 accordance with the guidelines of the ESMA, which coordinates the application of MiCA between national crypto regulators. THE crypto regulator even threatens to block certain licenses issued in other European countries if the controls seem too flexible. This position targets in particular the divergences observed around the validations granted to Malta.

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

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