French platform secures EU MiCA license

TLDR

Coinhouse, a Paris-based crypto platform, has obtained a full MiCA license from Frances regulator, giving it passported access to all 27 EU countries under a single rulebook.

1. Coinhouses new authorization from the AMF upgrades it from national status to an EU-wide Markets in Crypto-Assets license.
2. The license lets Coinhouse offer brokerage, custody, transfers, and investment services across the EU, giving it a regulatory edge over rivals still on old French registrations.
3. By July 2026 France will phase out its national regime, so more platforms will either secure MiCA authorization or exit, likely reshaping the EU crypto landscape.

Deep Dive

1. What Coinhouse Just Secured

Frances financial regulator, the Autorit des marchs financiers (AMF), has granted Coinhouse full authorization under the EUs Markets in Crypto-Assets (MiCA) framework, making it one of the first French platforms to reach this level of approval. Under MiCA, Coinhouse moves from France-only DASP/PSAN registration to a license that is recognized across all EU member states, with passporting rights for cross border activity. According to AMF-focused coverage, this license covers services such as crypto brokerage, custody, transfers, investment advice, and portfolio management throughout the bloc under one legal regime, rather than separate national approvals for each country.

2. Why This Matters For Users And Markets

MiCA sets stricter standards on capital, governance, consumer protection, and operational resilience than the older French DASP regime, so a full license is a strong compliance signal. For users, that can translate into clearer rights, more formal complaint and safeguarding processes, and more comfort for banks and institutional partners that interact with the platform. For Coinhouse, MiCA authorization becomes a competitive moat, as firms that have not yet secured a license may face hurdles with banking, partnerships, and large clients that now prefer fully regulated providers.

3. What To Watch Next Under MiCA

France plans to phase out its PSAN/DASP regime by 1 July 2026, after which operating without MiCA or equivalent authorization will not be allowed in that market. Between now and then, you can expect three trends: more MiCA applications, some platforms consolidating or exiting, and product changes to fit MiCA rules, especially around custody and marketing. At EU level, regulators are reviewing how MiCA works in practice, including for stablecoins, so the precise obligations and best practices may keep tightening as more supervised activity and edge cases appear.

Conclusion

Coinhouses MiCA license shows that the EUs new crypto framework is not just on paper, it is already being used to create EU-wide, fully regulated providers. As the PSAN transition deadline approaches, firms that secure MiCA authorization early gain both continuity and a head start, while laggards risk losing access to one of the worlds largest regulated crypto markets.