---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "caribbean", "fatf", "legal"]
aliases: ["MF", "MAF", "Saint-Martin"]
created: 2026-06-01
updated: 2025-06-01
compile_into: ["[[country--saint-martin-french]]"]
sources:
  - name: "AMF"
    url: "https://www.amf-france.org"
    type: "official"
---

# 🇲🇫 Saint Martin (French) (MF) — Crypto Regulation

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

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--caribbean|caribbean]] |
| Currency | [[entity--eur|EUR]] |

## Tax

| Type | Rate |
|------|------|
| 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 Crypto | No |
| Mining Tax | French tax rules apply |
| 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

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--amf|AMF]] / ACPR |
| Framework | Markets 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 PACTE Law PSAN regime superseded by MiCA as of 30 December 2024.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. |
| Ease | medium |
| Cost | $50,000 - $300,000 |
| Timeline | 6-18 months |

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

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | Yes |
| FATF Status | compliant |

## DeFi

**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

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.28/kWh |
| Renewable Energy | 10% |
| Climate | tropical |
| Infrastructure | fair |

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

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 68/100 |
| Ease of Business | moderate |
| Internet Freedom | free |
| Banking Access | moderate |

## Enforcement

AMF enforcement applies.

## CBDC Status: in_development

## FAQ

### 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.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-06-01.*

**Sources:**
- [AMF](https://www.amf-france.org)