The global cryptocurrency exchange Crypto.com has officially announced that it has received regulatory approval from the French Financial Markets Authority (Autorité des marchés financiers, or AMF). This milestone allows the platform to register as a Digital Asset Service Provider (DASP) in France, marking a significant step in its European expansion strategy.
This development positions Crypto.com as one of the leading compliant crypto platforms operating under France’s evolving regulatory framework. The DASP registration enables the company to legally offer a range of regulated digital asset services to French users, including custody, trading, and wallet solutions — all in full alignment with local laws and consumer protection standards.
👉 Discover how regulated crypto platforms are shaping the future of digital finance.
Strengthening Compliance in Europe
France has been actively building a clear and structured regulatory environment for digital assets. Under the French PACTE law introduced in 2019, companies providing crypto-related services must register with the AMF as DASPs to operate legally. While registration does not equate to full licensing, it ensures transparency, anti-money laundering (AML) compliance, and accountability — key priorities for regulators across Europe.
By securing DASP status, Crypto.com demonstrates its commitment to regulatory compliance and long-term sustainability in one of Europe’s most influential financial markets. This move follows similar strategic expansions across the continent, including registrations in Italy, Spain, and Germany.
The approval also reflects growing institutional confidence in blockchain-based financial services — provided they adhere to established legal frameworks. As governments seek to balance innovation with investor protection, compliant platforms like Crypto.com are well-positioned to lead the next phase of mainstream crypto adoption.
What This Means for French Users
For users in France, this regulatory green light translates into greater trust and enhanced service offerings. With official recognition from the AMF, Crypto.com can now deliver:
- Secure trading infrastructure compliant with French financial regulations
- Local customer support tailored to French-speaking clients
- Fiat on-ramps through EUR deposits and withdrawals via bank transfers and cards
- Tax-compliant transaction reporting, helping users meet national tax obligations
- Educational resources on safe crypto practices aligned with local guidelines
Moreover, being registered as a DASP requires strict adherence to cybersecurity protocols, Know Your Customer (KYC) procedures, and regular audits — all designed to protect consumers and prevent illicit activities.
This level of oversight is increasingly important as retail interest in cryptocurrencies continues to grow. A transparent and regulated environment helps reduce risks associated with fraud, market manipulation, and loss of funds — common concerns among new entrants to the digital asset space.
👉 Learn how secure and compliant crypto platforms empower user trust worldwide.
Industry-Wide Shift Toward Regulation
Crypto.com’s approval comes amid a broader trend of global crypto firms seeking formal recognition from national regulators. Earlier in 2022, Binance also obtained DASP registration in France, signaling that even the largest players in the industry are adapting to localized compliance requirements.
Regulatory clarity remains a cornerstone for the long-term viability of digital assets. Jurisdictions like France are paving the way by establishing predictable rules without stifling innovation. For exchanges, obtaining approvals such as DASP status is no longer optional — it's essential for market access and user trust.
This shift underscores a maturing industry where legitimacy, security, and accountability take precedence over unchecked growth. As more countries implement frameworks similar to France’s, we can expect increased interoperability between regulated platforms and traditional financial institutions.
Core Keywords Driving Visibility
To ensure optimal search engine performance and relevance, the following core keywords have been naturally integrated throughout this article:
- Crypto.com
- France regulatory approval
- AMF crypto regulation
- Digital Asset Service Provider (DASP)
- Cryptocurrency exchange France
- Regulated crypto platform
- Crypto regulation Europe
- AMF registration
These terms reflect high-intent search queries from users seeking information about legal crypto operations in France and Europe at large. Their contextual placement supports both SEO effectiveness and reader engagement.
Frequently Asked Questions
What is a Digital Asset Service Provider (DASP)?
A DASP is a company registered under French law to provide services related to digital assets, such as custody, exchange, and portfolio management. Registration with the AMF ensures compliance with AML, KYC, and consumer protection standards.
Does DASP registration mean full banking license?
No. DASP status is not equivalent to a banking license. It grants permission to operate crypto services within France but does not allow the provider to accept deposits as a bank would. However, it does require strong governance and reporting practices.
How does this affect Crypto.com users outside France?
While the approval directly benefits French residents, it strengthens Crypto.com’s global reputation for compliance. International users may see improved verification processes, enhanced security features, and expanded fiat support as part of broader platform upgrades.
Is Crypto.com now fully regulated across Europe?
Not entirely. Each EU country has its own regulatory process. While Crypto.com holds DASP status in France and similar registrations in other EU nations, full harmonization will come with the implementation of MiCA (Markets in Crypto-Assets Regulation) expected in 2025.
Are other major exchanges registered in France?
Yes. In addition to Crypto.com, Binance received DASP approval earlier in 2022. Other platforms like Kraken and Bitstamp are also progressing through national registration processes across Europe.
Why is France important for crypto regulation?
France is seen as a leader in balanced crypto policy within the EU. Its proactive stance through the PACTE law and cooperation with EU-wide initiatives like MiCA makes it a strategic hub for compliant crypto businesses targeting Europe.
👉 Explore how emerging regulations are transforming the global crypto landscape.
Looking Ahead: The Road to MiCA
With the European Union’s Markets in Crypto-Assets (MiCA) regulation set to take effect in 2025, national frameworks like France’s DASP system serve as transitional models. Once MiCA is fully implemented, it will create a unified licensing regime across EU member states, simplifying cross-border operations for compliant platforms.
Until then, country-specific registrations remain critical. Crypto.com’s proactive approach in securing approvals in key markets illustrates a forward-thinking strategy focused on sustainability, user protection, and long-term growth.
As digital assets become increasingly integrated into mainstream finance, regulatory alignment will be the foundation upon which trust, innovation, and mass adoption are built. Platforms that prioritize compliance today are laying the groundwork for leadership tomorrow.
This milestone for Crypto.com in France is more than just a business update — it's a signal of the industry’s evolution toward greater responsibility and transparency.