End of the PSAN transition in France: 35 MiCA approved platforms in September 2026

Selective sorting. On July 1, 2026, the transitional regime for PSANs (digital asset service providers, the old French status) ended, and the map of platforms no longer resembles that of last year. In February, we reported on the countdown launched by the AMF. Here is the balance sheet, from the side of your wallet.

MiCA in France: 31 approved in July, 35 in September

On July 2, the AMF took stock in its press release on the end of the transition: 31 players authorized in France and 283 in the European Union. France comes second in the country in terms of the number of crypto-asset service providers (PSCA, the French name for CASP, these MiCA approved providers). Some authorizations were still being finalized. Since then, the European total has grown further.

They fell this summer. According to Mind Fintech, which relies on the ESMA register, four former PSANs including Finary, Woorton and Shares have obtained their approval, which brings France to 35 approved CASPs, behind Germany. Coinhouse (approval A2026-013, May 2026) and Meria are also among the approved French players. This press count is still moving, and only the official register is authentic.

Binance and the leavers: who packed up

Binance France did not obtain approval before June 30. In its announcement of June 24, the platform warned that spot orders would be canceled from July 1 and that withdrawals in crypto as in euros would remain possible. Its French clients can therefore always recover their funds, but loans and margin positions are promised automatic liquidation. Binance says it still wants to obtain MiCA approval.

On the register side, the AMF deregistered AUTOMATA France SAS as of June 30. A service provider who continues without authorization risks two years in prison and a 30,000 euro fine, according to the AMF, which can also publish blacklists and request the blocking of sites.

Protection, passport, blacklists: what MiCA changes for you

MiCA imposes on approved providers rules on the custody of crypto-assets and client funds, as well as a procedure for handling complaints.

The European passport complicates verification. A service provider authorized in another Member State can serve French clients, such as Bitpanda, authorized by the Austrian authority and recognized by the AMF. Its white list therefore distinguishes between actors approved in France and passported ones, and the AMF specifies that it is not updated in real time: the ESMA register remains the reference. ESMA has also warned that MiCA protection only covers the entity authorized in the EU, not its affiliated companies outside Europe. So check the exact name of the legal entity, not just the app brand.

There remains the blacklist. That of crypto-assets was updated by the AMF at the end of September. Scammers take advantage of the big clean-up: they usurp the name of the AMF, ESMA or real platforms to make you migrate your funds to a fake secure account.

What remains to watch out for on the MiCA register

The first project is supervision. ESMA has launched a coordinated control action on the conservation of private keys and the cybersecurity of CASPs, which will last until the first half of 2027, before a European report in the second half of 2027. The second is political: the European Commission proposed on December 4, 2025 to transfer to ESMA part of the powers of national authorities such as the AMF. France, Austria and Italy support the idea, which still needs to go before the EU Parliament and Council.