🇫🇷 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

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 CryptoYes

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

Licensing

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

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

DeFi

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$0.13/kWh
Renewable25%
Infrastructuregood

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

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index69/100
Banking Accessopen

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

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