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EUROPE · JURISDICTION PROFILE
France
Comprehensive
Travel Rule: In force
FrameworkMiCA (PACTE / PSAN legacy regime)
Travel RuleIn force
FATF statusNot listed
Overview
France's 2019 PACTE law created a registration regime (and optional licence) for digital-asset service providers (PSAN), supervised by the Autorité des marchés financiers (AMF) with the prudential authority ACPR. MiCA now supersedes it, with a transitional path for existing PSAN.
Regulatory framework
The AMF authorises CASPs under MiCA; the ACPR is consulted on prudential and AML aspects.
Licensing & authorisation
Firms obtain MiCA CASP authorisation from the AMF; registered PSAN transition under the grandfathering window.
AML & Travel Rule
The EU Travel Rule applies to CASP transfers.
Track developments
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