The French financial regulator has issued a final warning crypto companies active in the country. The Autorité des marche financiers reminded providers that the MiCA transition period ends on July 1, 2026. Therefore, companies must comply or stop offering crypto services in France.
AMF sets a final timeline for MiCA licensing
The AMF made it clear that Crypto Asset Service Providers will only be allowed to operate if they are authorized by MiCA after July 2026. Digital Asset Service Providers must be CASP authorized prior to their date. Otherwise they will have to stop operating on the French market completely.
French financial regulator AMF reminded Digital Asset Service Providers that the MiCA transition period ends on July 1, 2026. Crypto companies operating in France must obtain MiCA CASP authorization by then, otherwise they will have to cease operations. Providers who do not intend to comply are urged…
— Wu Blockchain (@WuBlockchain) February 9, 2026
In addition, companies that do not plan to comply will have an earlier deadline. The AMF has called on such providers to start an orderly phase-out by March 30, 2026. This step is based on protecting consumers and minimizing market disruption.
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Unauthorized crypto services can be strictly enforced. These include financial penalties, public blacklisting and blocking access to the websites. Therefore, continued non-compliance poses serious operational and reputational risks.
From July 2026, there will be a severe restriction on crypto services. Only MiCA-compliant CASPs can operate legally. This is applied to all crypto-related activities offered in the context of France.
To qualify, companies must follow one of two regulatory pathways. First, they can obtain CASP authorization directly from the AMF. Secondly, financial entities that qualify for the Regulation can notify the authorities under Article 60 MiCA.
CASPs authorized under MiCA must meet common standards. They must also meet service-specific regulatory requirements. These rules aim to harmonize crypto supervision in the European Union.
Authorized CASPs may enjoy the right to a passport. This means that companies can provide services to other EU member states. The AMF has a publicly available whitelist of authorized providers on its website.
ESMA warns of delays and incomplete applications
European regulators have also emphasized early preparation. In December 2025, ESMA advised companies to expect the end of the transition period. Review timelines can be up to four months after file submission.
However, regulators have raised an important concern. The first applications are often incomplete. As a result, companies are often asked for clarifications or major revisions.
These revisions could lead to further delays in approval. Late work risks missing the July 2026 deadline. Companies may be forced to suspend operations for a specified period or indefinitely.
The AMF noted that experience shows that many applications require significant improvement. Poor quality of documentation slows down the approval process to a great extent. Therefore, early preparation and extensive preparation are essential.
Supervisors emphasized the importance of the completeness of files. Accurate financial information, financial governance and a compliance framework must be clearly presented. Weak submissions may fail on resubmission attempts.
The AMF therefore called on DASPs to take immediate action. Companies that want to continue operating must submit MiCA authorization dossiers as soon as possible. Waiting risks more regulation and business risks.
For crypto companies, the message is clear. Compliance is no longer an option. Companies are being forced to either comply with MiCA standards or be forced out of regulated European markets.
As the deadline approaches, there will be more attention from the regulator. Therefore, companies postpone taking risks, with serious consequences. Early compliance is now the only way forward to have a stable path ahead under MiCA.
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