Deblock becomes the first French crypto company to obtain MiCA approval, allowing it to operate legally throughout the European Union.
This license marks a break from the old PSAN status, requiring stricter criteria validated by the AMF.
Despite over 50 applications submitted, only Deblock is approved in France to date, a testament to exceptional administrative rigor.
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It’s a historic first for the French ecosystem: Deblock obtains MiCA approval issued by the AMF, making it the first crypto company in the country to be officially compliant with the new European regulation on crypto-assets. A major turning point, both for the neobank and the entire sector.
A coveted European recognition
The MiCA approval (Markets in Crypto-Assets), which came into effect this year, imposes strict standards on providers of services on crypto-assets (PSCA). By obtaining it, Deblock joins a very exclusive circle of 28 companies approved in the European Union, with only 9 in Germany, and now one in France.
Unlike the old PSAN registrations granted under the PACTE law, this new license allows Deblock to operate legally in all EU Member States. Exchange against fiat, crypto-to-crypto swaps, order execution for clients: its services are now fully recognized on a European scale.
A long journey facing demanding administration
The AMF has received over 50 MiCA approval applications since the procedure opened. But the technical, legal, and compliance requirements are such that the majority have been rejected or sent back for further information. Deblock, already well-versed by its PSAN registration obtained last November, managed to stand out thanks to a complete and rigorously prepared application.
Facing criticism for its slowness, the AMF now promises to strengthen its teams to streamline the processing of future applications. But in the meantime, Deblock is leaping ahead of the competition.
Deblock, French pioneer in crypto regulation
Obtaining the MiCA approval propels Deblock into a new dimension. At a time when giants like Bitpanda, Crypto.com, or Bitstamp have already secured their approvals in other jurisdictions, the French neobank becomes the flagship of the Tricolor industry in the European market.
In a regulatory climate still uncertain for many crypto startups, Deblock sends a strong signal: European compliance is no longer an obstacle, but a strategic opportunity.
