Crypto License in France

Obtain a French Crypto License Under MiCA in 2026

France is one of the most established jurisdictions in the European Union for crypto businesses seeking full regulatory compliance and institutional credibility. In 2026, crypto-asset service providers must comply with the EU-wide MiCA (Markets in Crypto-Assets Regulation) framework. A French crypto license enables legal operations across France and, via EU passporting, across the entire European Economic Area (EEA).

This license is ideal for companies aiming for long-term market stability, investor trust, and access to European financial infrastructure.

Regulatory Authority and Legal Framework

In France, crypto-asset service providers are regulated by the Autorité des marchés financiers (AMF).

The AMF supervises all licensed entities and ensures compliance with MiCA, including:

• Crypto exchange operations (crypto-to-crypto and crypto-to-fiat)
• Custody and wallet services
• Trading platforms
• Token issuance and advisory services
• Transfer of crypto-assets

All CASPs (Crypto Asset Service Providers) operating in France must obtain AMF approval before commencing operations.

Company Formation and Licensing Structure

To apply for a French crypto license, a company must:

• Establish a French legal entity (SAS or SARL)
• Appoint qualified management and board members
• Demonstrate sufficient capital depending on services
• Implement AML/KYC compliance procedures
• Develop internal risk management and cybersecurity policies
• Prepare a detailed business plan and financial forecast

Regulators emphasize operational substance, requiring decision-making capacity and functional offices in France.

Capital Requirements (2026)

Minimum capital depends on the type of services offered:

• €50,000 – advisory or token placement services
• €125,000 – custody or exchange services
• €150,000 – trading platforms or advanced custody operations

Additional reserves may be required depending on transaction volumes and operational risk.

Licensing Timeline

• Company incorporation: 2–3 weeks
• Documentation preparation: 4–8 weeks
• AMF regulatory review: 3–6 months
• Total estimated time: 4–7 months

Properly prepared applications reduce review time and regulator queries.

Estimated Costs

Approximate first-year costs for a licensed crypto company in France:

• Government and registration fees: €5,000–€12,000
• Legal, compliance, and advisory services: €25,000–€50,000
• Initial capital: €50,000–€150,000
• Office, staff, and operational budget: €60,000–€120,000

Total first-year estimate: €140,000–€320,000+, depending on the business model and service scope.

Compliance and Ongoing Obligations

French crypto license holders must maintain:

• AML/KYC compliance systems
• Internal audits and risk management controls
• Cybersecurity frameworks
• Beneficial ownership transparency
• Periodic reporting to AMF

Failure to comply can result in fines or license suspension.

Banking and Operational Considerations

A French crypto license provides access to:

• EU banking and payment infrastructure (SEPA)
• Institutional partners and investors
• Stable and regulated operational environment

Proper corporate and compliance structuring increases the probability of successful banking and payment onboarding.

Who Should Consider a French Crypto License?

• Institutional crypto exchanges
• Custody providers and wallet services
• Token issuance and advisory companies
• Trading platforms targeting the European market
• Companies seeking EU credibility and investor trust

France is ideal for businesses that prioritize long-term regulatory compliance and market stability.

FAQ — Crypto License in France 2026

How long does it take to obtain a crypto license in France?

Approximately 4–7 months depending on preparation and regulator review.

Can a French crypto license be used across the EU?

Yes. MiCA authorization allows EU passporting to all EEA member states.

Is local presence required?

Yes. Operational substance and functional office in France are expected.

What is the minimum capital requirement?

From €50,000 to €150,000 depending on services offered.

What compliance obligations exist after licensing?

AML/KYC, internal audits, cybersecurity controls, beneficial ownership reporting, and regular regulatory filings.