French Ordinance 2024-936 adapts French law to MiCA and the EU transfer-of-funds framework, setting national competent-authority powers and managing the transition from the PACTE Digital Asset Service Provider (DASP/PSAN) regime to EU MiCA authorisation. It coordinates French registration and authorisation rules with EU passporting.
Ordonnance n° 2024-936 du 15 octobre 2024 relative aux marchés de crypto-actifs
Also known as: Ordinance No. 2024-936 of 15 October 2024 on crypto-asset markets
Overview
Key Details
Jurisdiction
FranceRegulator
French Government; AMF (Autorité des marchés financiers); ACPR
Law Type
Other
Status
Partially EffectiveOfficial Law Number
Ordonnance n° 2024-936
Official Title
Ordonnance n° 2024-936 du 15 octobre 2024 relative aux marchés de crypto-actifs
Enacted Date
October 15, 2024
Effective Date
Effective date not specified
Who This Law Applies To
French DASPs/PSANs, MiCA applicants and CASPs, and relevant competent authorities including AMF and ACPR.
Key Requirements
- Adapts French law to MiCA and the EU transfer-of-funds framework (Regulation (EU) 2023/1113).
- Sets national competent-authority powers for AMF and ACPR and manages the PACTE DASP transition.
- Coordinates French registration/authorisation rules with EU MiCA passporting.
Official Sources
Official indirect sourceLink Legifrance's ordinance text as primary source. AMF doctrine is supporting implementation material.
Related Laws
France Digital Asset Tax Rules
French Tax Code Article 150 VH bis
Creates a specific regime for occasional private digital-asset disposal gains.
France MiCA Regime
Regulation (EU) 2023/1114 on Markets in Crypto-Assets
Creates harmonised EU rules for issuers, stablecoins and CASPs.
Decision No. E/35/2023 — VASP Registration and AML/CFT Instructions
Decision No. E/35/2023 on Virtual Asset Service Provider Registration, Cancellation of Registration and AML/CFT Instructions
Oman's FSA Decision No. E/35/2023 requires registration with the Oman Financial Services Authority (formerly Capital Market Authority) before carrying on covered virtual-asset activities in the Sultanate of Oman. It implements AML/CFT, governance and compliance requirements, and provides registration, cancellation and supervisory procedures. This is a VASP registration/AML regime and should be distinguished from any future full licensing framework.
BCB Resolutions No. 519, 520 and 521 of 2025 — Virtual Asset Regulatory Framework
Resoluções BCB nos. 519, 520 e 521, de 10 de novembro de 2025
Brazil's Central Bank (BCB) Resolutions No. 519, 520 and 521 of 10 November 2025 implement the virtual-asset regulatory framework under the supervision of the Central Bank. Resolution 519 establishes VASP authorisation procedures; Resolution 520 sets activity, governance, controls, security and conduct requirements; Resolution 521 integrates specified virtual-asset operations into Brazil's foreign-exchange and international-capital rules. Commencement is staged during 2026 — verify the effective date for each resolution separately.
IOSCO Policy Recommendations for Crypto and Digital Asset Markets (2023)
Policy Recommendations for Crypto and Digital Asset Markets — Final Report (FR11/2023)
The IOSCO Policy Recommendations for Crypto and Digital Asset Markets (2023) contain 18 recommendations grounded in the principle of consistent regulation of economically equivalent activities. They address conflicts of interest, market manipulation, custody, disclosure, retail risks and cross-border cooperation. IOSCO recommendations are not self-executing domestic law — implementation depends on member regulators in their respective jurisdictions.
Utility Token Offering Act, 2018 (Act No. 4/2018)
Utility Token Offering Act, 2018 (Act No. 4 of 2018)
Anguilla's Utility Token Offering Act 2018 (Act No. 4/2018) is one of the world's earliest purpose-built utility-token offering frameworks. It creates registration requirements for utility-token issuers, sets offering, disclosure and issuer-qualification conditions, and works with AML regulations and later amendments. Verify the most recent consolidation — a 2020 amendment may affect the effective/status fields.








