Saint Martin (French) follows the EU Markets in Crypto-Assets Regulation (MiCA) since 30 December 2024, with a transitional period ending 1 July 2026. The AMF regulates crypto activities as part of the French financial regulatory framework, focusing on investor protection and market integrity.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | caribbean |
| Currency | EUR |
| VAT on Crypto | Yes |
Crypto transactions are subject to VAT under French tax rules. Specific capital gains and other crypto-related tax treatments are governed by French tax law but not detailed here.
| Required | Yes |
| Regulator | AMF / ACPR |
| Framework | Markets in Crypto-Assets Regulation (MiCA) |
| Ease | medium |
| Cost (USD) | $50,000 - $300,000 |
Licensing for crypto service providers is governed by MiCA, replacing the previous PACTE Law PSAN regime as of end 2024.
AMF enforcement applies.
| 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 MiCA and related EU regulations, requiring compliance with licensing and AML rules.
Status: regulated
Stablecoins are regulated under MiCA, which sets out specific requirements for issuance and operation within the EU.
Status: Unclear
MiCA NFT provisions apply.
| Legal | Yes |
| Electricity Cost | $0.28/kWh |
| Renewable Energy | 10% |
| Infrastructure | good |
Mining is legal but electricity costs are relatively high; infrastructure is adequate for mining operations.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 68/100 |
| Banking Access | open |
| Sanctions Program Active | No |
Risk Factors
As a French overseas collectivity, Saint Martin benefits from EU and French political stability and regulatory frameworks. Key risks include natural disasters such as hurricanes.
Saint Martin (French) follows the EU Markets in Crypto-Assets Regulation (MiCA) since 30 December 2024, with a transitional period ending 1 July 2026. The AMF regulates crypto activities as part of the French financial regulatory framework, focusing on investor protection and market integrity.
Saint Martin (French) 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: 2026-09-18 · Data source: Soken Crypto Legal Map
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