What is Saint Martin (French)'s FATF status?

Saint Martin (French) is classified by FATF as: fsrb_only.

Are VASPs licensed in Saint Martin (French)?

Yes — licensing is required for VASPs.

What is the AML/KYC regime in Saint Martin (French)?

KYC is mandatory for crypto businesses.

🇲🇫 Saint Martin (French)

Saint Martin (French) follows French crypto regulations under the AMF and MiCA framework, with clear licensing and investor protection rules. The transitional period for PSAN authorization ends July 1, 2026, enforcing compliance under MiCA.

Overview

Status	Legal
Risk Score	28/100 (Moderate Risk)
Region	caribbean
Currency	EUR

Tax Information

Capital Gains (Personal)	30% flat tax (PFU) on crypto gains (French law)
Capital Gains (Corporate)	25% corporate tax (French law)
VAT on Crypto	No
Staking Tax	French tax rules apply
Airdrop Tax	French tax rules apply

French tax law applies. 30% flat tax (PFU) on crypto gains for individuals.

Licensing & Registration

Required	Yes
Regulator	AMF / ACPR
Framework	Markets in Crypto-Assets Regulation (MiCA) and French PACTE Law
Ease	medium
Cost (USD)	$50,000 - $300,000

PSAN authorization required to provide crypto asset services after July 1, 2026, under MiCA regulations.

Enforcement Activity

Level: Moderate

AMF enforcement applies.

AML / KYC

KYC Required	Yes
Travel Rule	Yes
FATF Member	No
FATF Status	fsrb_only
FATF Body	FATF
Suspicious-Activity Reporting	Yes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities are regulated under the MiCA framework and French financial regulations, requiring compliance with AML and licensing rules.

Stablecoins

Status: regulated

Stablecoins are regulated under MiCA and French financial laws, requiring authorization and compliance with investor protection standards.

NFTs

Status: Unclear

MiCA NFT provisions apply.

Mining

Legal	Yes
Electricity Cost	$0.28/kWh
Renewable Energy	10%
Infrastructure	fair

Mining is legal but electricity costs are relatively high; infrastructure is fair due to island location.

Geopolitical Risk

Stability	stable
Sanctions	No
Corruption Index	68/100
Banking Access	moderate

Risk Factors

hurricane risk
small market size

Saint Martin (French) benefits from French governance and EU frameworks, providing stable political and regulatory environment for crypto businesses, though natural disaster risk exists.