France regulates cryptocurrency under the EU MiCAR framework and the national PACTE law, with the AMF overseeing market integrity and investor protection. The regulatory environment is clear and supportive of crypto activities, with active supervision and enforcement.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | europe |
| Currency | EUR |
| Adoption Rank | #15 |
| Capital Gains (Personal) | 30% flat rate capital gains tax |
| Capital Gains (Corporate) | Standard corporate tax rates apply to crypto gains |
| VAT on Crypto | No |
| Staking Tax | Taxed as income at personal income tax rates |
| Airdrop Tax | Taxed as miscellaneous income |
Crypto gains are subject to a 30% flat capital gains tax for individuals, with corporate gains taxed under standard corporate tax rules. VAT does not apply to crypto transactions.
| Required | Yes |
| Regulator | AMF |
| Framework | Markets in Crypto-Assets Regulation (MiCAR) and PACTE Law |
| Ease | medium |
| Cost (USD) | $30,000 - $250,000 |
Licensing is required for crypto service providers under MiCAR and PACTE, with moderate regulatory requirements enforced by the AMF.
| Name | Year | Status | Scope |
| Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA) | 2023 | Active | supranational |
| Establishes a comprehensive EU framework for crypto-asset service providers (CASPs), stablecoin issuers (ART/EMT), and trading platforms; prohibits market abuse in crypto-assets; full application from 30 December 2024. | |||
| Regulation (EU) 2023/1113 on Transfer of Funds and Certain Crypto-Assets (TFR) | 2023 | Active | supranational |
| Extends FATF Travel Rule to crypto-asset transfers; requires CASPs to collect and transmit originator/beneficiary information for all transfers, removing the EUR 1000 threshold; applies from 30 December 2024. | |||
| Council Directive (EU) 2023/2226 (DAC8) | 2023 | Active | supranational |
| Amends Directive 2011/16/EU to require mandatory automatic exchange of information on crypto-asset transactions held by EU tax residents; CASPs must report to national tax authorities from 1 January 2026. | |||
| Regulation (EU) 2022/2554 on Digital Operational Resilience for the Financial Sector (DORA) | 2022 | Active | supranational |
| Mandates ICT risk management, incident reporting, third-party provider oversight, and digital operational resilience testing for financial entities including CASPs covered by MiCA; applies from 17 January 2025. | |||
| Directive (EU) 2018/843 (5th Anti-Money Laundering Directive) | 2018 | Active | supranational |
| First EU directive to bring crypto-asset exchange services and custodian wallet providers within AML/CFT scope; introduced KYC obligations and registration requirements for Virtual Asset Service Providers. | |||
| Directive (EU) 2018/1673 on Combating Money Laundering by Criminal Law (6AMLD) | 2018 | Active | supranational |
| Harmonises criminal-law definitions and penalties for money laundering across EU member states; establishes minimum custodial sentences and corporate liability rules applicable to crypto-related ML offences. | |||
| Regulation (EU) 2024/1624 on Anti-Money Laundering Requirements (AML Regulation) | 2024 | Active | supranational |
| Replaces 5AMLD/6AMLD with a single AML Regulation directly applicable in all member states; tightens KYC/CDD requirements for CASPs and sets EUR 1000 cash-equivalent threshold for crypto transactions; phased application 2027. | |||
| Commission Delegated Regulation (EU) 2024/2795 supplementing MiCA | 2024 | Active | supranational |
| MiCA Level 2 delegated act setting regulatory technical standards on information requirements and procedures for competent authority notifications under MiCA; part of the MiCA implementation package applicable from December 2024. | |||
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.
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: regulated
DeFi activities fall under the scope of MiCAR and are regulated accordingly, with emphasis on investor protection and compliance.
Status: regulated
Stablecoins are regulated under MiCAR, requiring authorization and compliance with prudential and consumer protection rules.
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.
| Legal | Yes |
| Electricity Cost | $0.13/kWh |
| Renewable Energy | 25% |
| Infrastructure | excellent |
Mining is legal with moderate electricity costs and good infrastructure; renewable energy share is moderate.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 69/100 |
| Banking Access | open |
| Sanctions Program Active | Yes |
Risk Factors
France is politically stable with strong regulatory frameworks and good infrastructure for crypto businesses. No international sanctions apply. Banking access for crypto firms is generally open.
Recent Political Events
France regulates cryptocurrency under the EU MiCAR framework and the national PACTE law, with the AMF overseeing market integrity and investor protection. The regulatory environment is clear and supportive of crypto activities, with active supervision and enforcement.
France is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-08-31 · Data source: Soken Crypto Legal Map
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