France MiCA Crypto Licensing Deadline
Analysis based on 6 articles · First reported May 28, 2026 · Last updated May 29, 2026
The strict MiCA deadline in France>>> will lead to significant consolidation in the European crypto market, as non-compliant firms will be forced to exit, reducing competition. For compliant firms like Coinhouse>>> and Banca Sella Group>>>, the ability to 'passport' licenses across the European Union>>> offers a substantial competitive advantage and potential for market expansion.
The France — Autorité des marchés financiers>>> (AMF) in France>>> has issued a strict June 30, 2026, deadline for crypto firms to obtain full authorization under the EU's Markets in Crypto-Assets Regulation (MiCA). Firms that fail to comply must cease operations or implement orderly wind-down plans. As of January 2026, approximately 90 registered digital asset service providers in France>>> lacked the required MiCA license, with only 30% having applied and 40% stating no intention to apply. Marie-Anne Barbat-Layani>>>, President of the AMF, emphasized the urgency, stating that firms must finalize applications or prepare to exit the market. This move aligns with broader guidance from the European Union — European Securities and Markets Authority>>> (ESMA) to ensure consistent enforcement across the European Union>>>. While MiCA allows for 'passporting' licenses across all 27 EU member states, France>>> has raised concerns about uneven approval standards. Companies like Coinhouse>>> and Banca Sella Group>>> have already secured MiCA licenses, demonstrating successful compliance. The deadline marks a shift from a transitional period to full enforcement, with potential penalties including fines and legal action for unauthorized providers.
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