France’s financial regulator just drew a line in the sand. The Autorité des Marchés Financiers, known as the AMF, has told crypto companies operating in the country that they must secure full MiCA authorization by June 30, 2026, or shut down and leave.
The numbers paint a bleak picture for compliance optimists. As of January 2026, roughly 90 registered digital asset service providers in France lacked the required MiCA license. Of those, only 30% had even submitted an application. A full 40% said they don’t plan to apply at all, and the remaining 30% simply didn’t respond when the AMF came knocking.
The clock is ticking on Europe’s crypto rulebook
Starting July 1, 2026, only firms holding full MiCA authorization as crypto-asset service providers (CASPs) will be allowed to operate in France.
AMF President Marie-Anne Barbat-Layani made the stakes clear at a press event on Thursday. Companies that fail to obtain their license by the deadline must have “orderly wind-down plans” to offload customers and cease operations, she said, according to Reuters.
