France Crypto License 2025 | FSMA Registration, MiCA | BleuLex Law

France Crypto License 2025 | FSMA Registration, MiCA

Get your VASP registration with FSMA in France. MiCA transition, AML compliance, specialized legal support for crypto assets.

8 min read Updated: Décembre 2025

In summary: Virtual asset service providers (VASPs) must register with FSMA in France. The process takes 3-6 months with strict AML/CFT requirements. With MiCA coming into force, French VASPs can benefit from EU passport to operate across all 27 countries.

Crypto Regulation in France

France established a registration framework for VASPs since May 2022. With MiCA coming into force, the regulatory landscape is evolving toward European harmonization.

VASP Registration with FSMA

Registration with FSMA is mandatory for:

  • Exchange of virtual currencies for fiat
  • Exchange between virtual currencies
  • Wallet services (crypto custody)
  • Trading platform operation

MiCA Transition

  • June 2024: Stablecoin rules (ARTs and EMTs)
  • December 2024: Full CASP regime
  • EU Passport: MiCA authorization allows operation across all 27 EU countries

Why France?

  • Clear and predictable regulatory framework
  • FSMA as single point of contact
  • Central European location
  • Developed fintech ecosystem

Frequently Asked Questions

Since May 2022, virtual asset service providers (VASPs) must register with FSMA. This covers crypto/fiat exchange, crypto/crypto exchange, custody services, and trading platforms.

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