Policy Reference

France Crypto Regulation

Explore France’s crypto laws, including MiCA, AMF registration, exchange rules, taxes, AML compliance, and digital asset regulation.

Autorité des marchés financiers (AMF)
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Law database

12 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
France Digital Asset Services Regime CMF arts. L.54-10-1 to L.54-10-7 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Code monétaire et financier, Chapter X: Prestataires de services sur crypto-actifs (Articles L.54-10-1 to L.54-10-7)

France’s Monetary and Financial Code established the PSAN/DASP regime for crypto services and now anchors MiCA CASP authorization after the national transition ended July 1, 2026.

Last action: Jul 6, 2026 - AMF confirms post-transition status

Profile Code monétaire et financier, Chapter X
France Article 150 VH bis Digital Asset Tax Regime CGI art. 150 VH bis Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Code général des impôts, Article 150 VH bis — Crypto-Asset Capital Gains Regime for Individuals

France’s Article 150 VH bis taxes certain private crypto-asset capital gains of French tax-resident individuals, with exchange deferral, de minimis relief, portfolio-based gain calculation, and reporting rules.

Last action: Jul 1, 2026 - Current consolidated text in force

Profile CGI Article 150 VH bis
France BOFiP Digital Asset Capital Gains Guidance BOI-RPPM-PVBMC-30 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

BOI-RPPM-PVBMC-30 – RPPM – Cession d’actifs numériques à titre occasionnel

BOFiP guidance explains France’s individual tax regime for occasional digital asset disposals under CGI art. 150 VH bis, covering scope, gain calculation, tax option, exemptions and reporting.

Last action: Jul 1, 2026 - CGI wording enters 2026 version

Profile BOI-RPPM-PVBMC-30 overview
France Decree No. 2025-169 on Crypto-Asset Markets Décret n° 2025-169; NOR ECOT2434530D Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Décret n° 2025-169 du 21 février 2025 relatif aux marchés de crypto-actifs

French decree aligning the Monetary and Financial Code with MiCA, adjusting PSAN transition rules, AMF contributions, white paper fees and July 2026 repeals.

Last action: Jul 1, 2026 - Delayed repeals effective

Profile Décret n° 2025-169 du 21 février 2025
France Ordinance No. 2024-936 on Crypto-Asset Markets Ordonnance n° 2024-936; NOR ECOT2415927R Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Ordonnance n° 2024-936 du 15 octobre 2024 relative aux marchés de crypto-actifs

French ordinance adapting national law to MiCA, assigning AMF/ACPR powers, phasing out the PSAN regime, and updating crypto-asset rules, marketing, sanctions, and bank-account access.

Last action: Jul 1, 2026 - Final PSAN provisions in force

Profile Ordonnance n° 2024-936 du 15 octobre 2024
France Ordinance No. 2024-937 on AML/CFT Crypto Transfers Ordonnance n° 2024-937; NOR ECOT2415928R Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Ordonnance n° 2024-937 du 15 octobre 2024 relative au renforcement des obligations de lutte contre le blanchiment de capitaux et le financement du terrorisme en matière de transfert de crypto-actifs

French ordinance adapting AML/CFT rules for crypto-asset transfers under EU TFR II, extending obligations to CASPs, self-hosted-address risk controls, supervision allocation, and overseas adaptations.

Last action: Jul 1, 2026 - Final phase-in date

Profile Ordonnance n° 2024-937 — JORF text
French Influencer Law Crypto-Asset Promotion Restrictions Loi n° 2023-451; NOR ECOX2308125L Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Loi n° 2023-451 du 9 juin 2023 visant à encadrer l’influence commerciale et à lutter contre les dérives des influenceurs sur les réseaux sociaux

France’s 2023 Influencer Law restricts paid online promotion of covered crypto-asset services and crypto-assets unless specified MiCA-linked exceptions apply.

Last action: Jul 1, 2026 - Current Article 4 wording in force

Profile Loi n° 2023-451 — consolidated text
France PACTE Initial Coin Offering Visa Regime Loi n° 2019-486, art. 85; former CMF L.552-1–L.552-7 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Loi n° 2019-486 du 22 mai 2019 relative à la croissance et la transformation des entreprises — régime de visa optionnel des offres au public de jetons

France’s PACTE Law created an optional AMF visa for public offerings of utility tokens, requiring issuer, disclosure, safeguarding and AML controls. The visa regime was replaced by MiCA-era rules from Oct. 18, 2024.

Last action: Dec 30, 2024 - MiCA Offer Framework Applies

Profile PACTE Law Article 85
Inactive 2
AMF Digital Asset Service Provider Registration and Licensing Regime Loi n° 2019-486; former CMF arts. L54-10-1–L54-10-5 Repealed Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Inactive

Loi n° 2019-486 du 22 mai 2019; former Monetary and Financial Code DASP/PSAN registration and optional licensing regime

France’s former AMF/ACPR framework for digital asset service providers required registration for core services and offered optional licensing. It was repealed July 1, 2026 as MiCA CASP authorization replaced it.

Last action: Jul 1, 2026 - DASP transition ends

Profile PACTE Law Article 86
AMF MiCA Crypto-Asset Service Provider Transition Regime MiCA Art. 143; Law 2023-171 Art. 8 III; Ord. 2024-936 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Inactive

French transitional period for Digital Asset Service Providers to continue crypto-asset services without MiCA CASP authorisation until 1 July 2026

Temporary French MiCA bridge allowing eligible pre-30 Dec 2024 DASPs/PSANs to keep providing crypto-asset services until 1 Jul 2026 or earlier MiCA authorisation/refusal. The transition has expired; France now relies on MiCA CASP authorisation or Article 60 notification.

Last action: Jul 1, 2026 - Transition expired

Profile AMF reminder on end of MiCA transitional period

Information is for general purposes only and not legal advice. See full disclaimer.