🇲🇫 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

StatusLegal
Risk Score25/100 (Low Risk)
Regioncaribbean
CurrencyEUR

Tax Information

Capital Gains (Personal)30% flat tax (PFU) on crypto gains (French law)
Capital Gains (Corporate)Saint Martin has its own corporate tax: 10% (reduced, profits up to €40,000) or 20% (normal rate). French 25% corporate tax does NOT apply.
VAT on CryptoNo
Staking TaxFrench tax rules apply
Airdrop TaxFrench tax rules apply

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

Licensing & Registration

RequiredYes
RegulatorAMF / ACPR
FrameworkMarkets in Crypto-Assets Regulation (MiCA) — Regulation (EU) 2023/1114. PACTE Law PSAN regime superseded by MiCA as of 30 December 2024. Transitional period ends 1 July 2026.
Easemedium
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 RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyFATF
Suspicious-Activity ReportingYes

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

LegalYes
Electricity Cost$0.28/kWh
Renewable Energy10%
Infrastructurefair

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

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index68/100
Banking Accessmoderate

Risk Factors

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

Sources

Frequently Asked Questions

Is cryptocurrency legal in 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.

What is the FATF status of Saint Martin (French)?

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

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.

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Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

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