FAQ : Regulations
Most frequently asked questions
Are cryptocurrencies taxable?
This question is attracting growing interest as more and more people get involved in the world of crypto-currencies, known as crypto-assets or digital assets, as the ACPR officially calls them.
Historically, there have been debates and controversies about how to treat cryptocurrencies fiscally in France. Initially, cryptocurrencies were considered virtual assets [...]
What does PSAN stand for?
PSAN, or Prestataire de Services sur Actifs Numériques, is a regulatory term specifically used in the French and European context to designate entities that offer services related to digital assets or cryptocurrencies.
This designation encompasses a variety of services, from the custody of digital assets on behalf of third parties to [...]
What is the difference between PSAN approval and PSAN registration?
The difference between PSAN approval and registration lies mainly in the level of control and regulatory requirements imposed by the French authorities.
PSAN registration is mandatory for all digital asset service providers in France. This procedure ensures that the service provider complies with anti-money laundering and anti-terrorist financing standards, in accordance [...]
What does MiCA mean?
MiCA, which stands for Markets in Crypto-Assets, is a European Union regulation aimed at creating a harmonised regulatory framework for digital assets within the EU. The aim of MiCA is to protect investors and preserve financial stability while fostering innovation and competition in the cryptocurrency sector.
MiCA regulation covers various aspects [...]
What does the MiCA regulation say about digital assets?
The MiCA regulation, designed by the European Union, aims to establish a regulatory framework for digital assets: authorisation, investor protection, financial stability, fraud prevention...
Approval and standards for companies
Crypto exchange platforms, digital wallet providers and other digital asset-related services will need to be licensed to operate. This means meeting high standards [...]
Regulations
What does the MiCA regulation say about digital assets?
The MiCA regulation, designed by the European Union, aims to establish a regulatory framework for digital assets: authorisation, investor protection, financial stability, fraud prevention...
Approval and standards for companies
Crypto exchange platforms, digital wallet providers and other digital asset-related services will need to be licensed to operate. This means meeting high standards [...]
What does PSAN stand for?
PSAN, or Prestataire de Services sur Actifs Numériques, is a regulatory term specifically used in the French and European context to designate entities that offer services related to digital assets or cryptocurrencies.
This designation encompasses a variety of services, from the custody of digital assets on behalf of third parties to [...]
What is the difference between PSAN approval and PSAN registration?
The difference between PSAN approval and registration lies mainly in the level of control and regulatory requirements imposed by the French authorities.
PSAN registration is mandatory for all digital asset service providers in France. This procedure ensures that the service provider complies with anti-money laundering and anti-terrorist financing standards, in accordance [...]
What does MiCA mean?
MiCA, which stands for Markets in Crypto-Assets, is a European Union regulation aimed at creating a harmonised regulatory framework for digital assets within the EU. The aim of MiCA is to protect investors and preserve financial stability while fostering innovation and competition in the cryptocurrency sector.
MiCA regulation covers various aspects [...]
Are cryptocurrencies taxable?
This question is attracting growing interest as more and more people get involved in the world of crypto-currencies, known as crypto-assets or digital assets, as the ACPR officially calls them.
Historically, there have been debates and controversies about how to treat cryptocurrencies fiscally in France. Initially, cryptocurrencies were considered virtual assets [...]