France’s AMF Orders Crypto Firms To Get MiCA Authorization By June 30, 2026 Or Shut Down

France’s Autorité des Marchés Financiers (AMF) has told crypto companies operating in France that they must secure full MiCA authorization by June 30, 2026, or shut down and leave.

“The European Union's Markets in Crypto Assets regulations first took effect in 2024, but gave crypto service providers time to fully comply with the framework”

Cointelegraph

AMF President Marie-Anne Barbat-Layani said companies that fail to obtain their license by the deadline must have “orderly wind-down plans” to offload customers and cease operations.

Cointelegraph

As of January 2026, the AMF said roughly 90 registered digital asset service providers in France lacked the required MiCA license, and only 30% had even submitted an application.

The AMF’s timeline also ties to the MiCA “passporting” system, under which licensed crypto-asset service providers can offer services across all 27 EU member states through a single authorization.

The rules also specify that from July 1, 2026, only firms holding full MiCA authorization as crypto-asset service providers will be allowed to operate in France.

Reuters reported that Barbat-Layani warned crypto companies they could be blacklisted and sued if they do not get an EU licence to operate by end of June.

In the same Reuters account, Barbat-Layani said crypto companies which have not secured licences by the EU’s deadline will be put on blacklists and will face enforcement action, including prosecution, if they continue to seek EU customers without authorisation.

Crypto Briefing

The International Business Times framed the pressure as “mounting pressure” ahead of the end-of-June licensing requirement, describing a risk of blacklisting and legal enforcement for firms without authorization.

The Reuters reporting also said European regulators have already warned that companies without licences need to have “orderly wind-down plans” in place.

The deadline is presented as part of the EU-wide MiCA rollout agreed in 2023, with MiCA requiring firms to apply for licences from regulators in individual EU countries and then use a “passport” to operate throughout the 27-nation bloc.

France’s regulator also signaled it could block passporting rights tied to licences granted by other EU countries if French regulators disagreed with how those approvals were granted.

“Crypto companies operating in the European Union are facing mounting pressure to secure regulatory approval before new licensing requirements fully take effect at the end of June, with France's top financial regulator warning that firms without authorization could face blacklisting and prosecution”

International Business Times

Reuters said Barbat-Layani reiterated that France would be prepared to block the passporting of licences granted by other countries if it does not agree with that country’s decision, while also saying this would represent a “serious collective failure”.

The Cointelegraph account added that tensions are mounting between EU member states about licensing requirements and whether control should be centralized by ESMA, which is described as Paris-based.

Cointelegraph also quoted a Malta Financial Services Authority spokesperson saying changing the MiCA regulatory structure is “premature,” adding that regulators need time to assess the impacts of MiCA, which became legally applicable in 2024.

Separately, ESMA guidance referenced in the IProUP and Crypto Briefing accounts stressed that firms lacking authorization must implement orderly wind-down plans to avoid abrupt interruptions that could affect clients and markets.