🇫🇷 France

France has a clear regulatory framework for crypto assets under the EU MiCAR regulation and the national PACTE law. The AMF oversees crypto service providers and enforces licensing and investor protection rules.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regioneurope
CurrencyEUR
Adoption Rank#15

Tax Information

Capital Gains (Personal)30% flat tax (PFU: 12.8% income tax + 17.2% social contributions) or progressive option
Capital Gains (Corporate)25% standard corporate tax rate
VAT on CryptoNo

VAT applies to crypto transactions; other specific tax rates are not detailed in the source.

Licensing & Registration

RequiredYes
RegulatorAMF
FrameworkMiCAR (EU 2023/1114) and PACTE Law (2019)
Easemedium
Cost (USD)$30,000 - $250,000

From July 1, 2026, crypto service providers must be authorized under MiCA to operate legally in France.

Enforcement Activity

Level: High

AMF has blacklisted unauthorized crypto platforms and issued fines for AML failures. In 2025, AMF penalized DASPs for compliance failures and placed entities on its warning list.

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities fall under the MiCAR framework and are subject to regulatory oversight by the AMF.

Stablecoins

Status: regulated

Stablecoins are regulated under the MiCAR framework with specific requirements for issuance and service providers.

NFTs

Status: Unclear

AMF has not issued NFT-specific regulation. Under MiCA, unique NFTs are excluded but fungible-like NFTs may fall under regulation. AMF follows ESMA guidance.

Mining

LegalYes
Electricity Cost$0.13/kWh
Renewable Energy25%
Infrastructuregood

Mining is legal with moderate electricity costs and a temperate climate favorable for cooling.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index69/100
Banking Accessopen

Risk Factors

France is politically stable with strong regulatory frameworks and open banking access for crypto businesses.

Sources

Need help with France crypto regulation?

Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.

Legal & Corporate

Crypto Legal & Compliance

VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.

Explore Legal Services →
IT & Security

Web3 Security & Development

Smart-contract audits, penetration testing, Web3 development, AI/LLM security audits.

Explore IT Services →

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

← Back to Crypto Map