The AMF MiCA Crypto-Asset Service Provider Transition Regime was France\u2019s temporary bridge from the national Digital Asset Service Provider, or DASP\/PSAN, framework to the EU Markets in Crypto-Assets Regulation authorisation regime for crypto-asset service providers. The transition began when MiCA\u2019s CASP provisions applied on 30 December 2024 and, as of 6 July 2026, has expired. France\u2019s AMF stated that eligible providers could continue covered services only until 1 July 2026, or until a MiCA authorisation was granted or refused, whichever occurred first.<\/p>\n
The regime applied to market participants that could show they were already providing crypto-asset services in accordance with French national law before 30 December 2024. AMF materials describe the eligible group as DASPs registered on a simple or enhanced basis, DASPs licensed in France, and certain providers of services listed in Article L. 54-10-2, 5\u00b0 of the Monetary and Financial Code. For registered or licensed DASPs, the continued activity was tied to the services covered by the provider\u2019s programme of operations at the time of registration or licensing.<\/p>\n
The transition did not create a permanent alternative to MiCA authorisation. It temporarily preserved continuity for covered French DASP activity while France and the EU moved to the harmonised CASP framework. MiCA itself covers crypto-asset services, offers to the public, admissions to trading, stablecoin categories, and market-abuse rules, while excluding some assets and activities that remain subject to other financial-services regimes.<\/p>\n
The transitional period has ended. From 1 July 2026, the AMF position is that crypto-asset services in France may be provided only by CASPs authorised under MiCA or by eligible financial entities that complete the Article 60 notification route for the relevant services. For French-established CASP applicants, the AMF is the national competent authority for authorisation, with ACPR involvement for certain prudential, internal-control, AML\/CFT, management and suitability assessments under French implementation rules.<\/p>\n
At EU level, ESMA has also told unauthorised CASPs to wind down EU activities in an orderly manner after the end of the transition. ESMA expects firms without MiCA authorisation to stop onboarding new EU clients, stop marketing and solicitation, limit services to exit actions such as sale, transfer or closure, and maintain AML\/CFT controls during wind-down. This profile does not assess whether any named firm is authorised or eligible for an Article 60 notification.<\/p>\n
The French transition rests on several linked instruments. Article 143 of MiCA provides the EU grandfathering framework. France implemented the maximum 18-month period through the DDADUE Law of 9 March 2023 and then adapted the Monetary and Financial Code through Ordinance No. 2024-936 of 15 October 2024 on crypto-asset markets. Decree No. 2025-169 of 21 February 2025 amended regulatory provisions and adapted DASP registration and licensing procedures through 30 June 2026, with specified provisions taking effect on 1 July 2026.<\/p>\n
The AMF also revised its DASP policy after the MiCA ordinance and decree. Its June 2025 update noted the end of new DASP registration or licensing under the PACTE regime, clarified the scope of the transition, and referred to new Instruction DOC-2025-05 on information deemed complete for CASP authorisation applications. That instruction is relevant to the simplified authorisation procedure for certain enhanced registered or licensed DASPs, but it does not remove the need for a MiCA authorisation decision.<\/p>\n
For CryptoSlate readers, the regime is best understood as a status-and-timing profile rather than a standalone licensing manual. It marks the point at which France\u2019s domestic DASP framework moved into extinction and MiCA became the controlling route for crypto-asset service provision in France. The key date is 1 July 2026: after that date, the French transition is no longer an operative basis for providing services. Readers should consult official AMF, ACPR, ESMA and L\u00e9gifrance materials for provider-specific status checks and legal interpretation.<\/p>\n","protected":false},"excerpt":{"rendered":"
France\u2019s MiCA transition allowed eligible pre-30 Dec 2024 DASPs to continue crypto-asset services until 1 Jul 2026 or earlier authorisation\/refusal. The transition has expired; France now relies on MiCA CASP authorisation or Article 60 notification.<\/p>\n","protected":false},"author":1652,"featured_media":546712,"template":"","meta":[],"crypto_law_jurisdiction":[81425],"crypto_law_topic":[81505,81519,81611,81869,81870],"crypto_law_status":[81540],"crypto_law_type":[81546],"crypto_law_actor":[82689,82688,82695],"crypto_law_asset_class":[81571],"acf":[],"yoast_head":"\n