---
title: "French Regulators Submit Joint Proposals for European Union MiCA Review"
description: "The AMF, ACPR, Banque de France, and Treasury outline recommendations targeting European monetary sovereignty and investor protection."
url: https://basisdesk.news/news/french-regulators-joint-mica-review-proposals
published: 2026-10-21T13:12:18.951Z
modified: 2026-10-21T13:12:18.951Z
section: Regulation & Policy
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: []
tags: [mica, amf, acpr, banque-de-france, european-union, regulation]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# French Regulators Submit Joint Proposals for European Union MiCA Review

The AMF, ACPR, Banque de France, and Treasury outline recommendations targeting European monetary sovereignty and investor protection.

## At a glance

- **What happened:** France's AMF, ACPR, Banque de France, and Treasury published joint proposals responding to the European Commission's MiCA review consultation.
- **Why it matters:** The joint stance advocates balancing EU financial competitiveness and innovation with investor protection and monetary sovereignty.
- **Who is affected:** Crypto-asset service providers and financial institutions operating or seeking authorization under the EU MiCA framework.
- **What's next:** No next step announced.
- **Status:** consultation
- **Primary source:** [MiCA review: The AMF, ACPR, Banque de France and French Treasury publish their joint proposals](https://www.amf-france.org/en/news-publications/amfs-eu-positions/mica-review-amf-acpr-banque-de-france-and-french-treasury-publish-their-joint-proposals) — amf-france.org

## Key points

- The AMF, ACPR, Banque de France, and French Treasury submitted a joint response to the European Commission's MiCA review consultation [1].
- The French authorities called for a framework that supports innovation and boosts the competitiveness of the EU financial sector [1].
- The joint proposals emphasize reinforced investor protections, financial stability safeguards, and EU monetary sovereignty [1].

## Editorial remark

- **Context:** The submission represents a unified position from France's primary financial overseers during the European Commission's evaluation of the MiCA regulation.
- **Impact:** The proposals seek to balance financial sector competitiveness and innovation with stronger investor safeguards and EU monetary sovereignty.
- **Watch:** Submissions and feedback compiled during the European Commission's consultation on the MiCA regulatory review.

Four French financial authorities have published a joint submission addressing the European Commission’s consultation on the review of the Markets in Crypto-Assets regulation [1]. The unified contribution brings together the Autorité des Marchés Financiers, the Autorité de Contrôle Prudentiel et de Résolution, the Banque de France, and the Direction Générale du Trésor [1].

In the joint document, the regulatory bodies outline policy objectives intended to guide adjustments to the European digital asset regime [1]. The authorities state that Europe should maintain a regulatory structure capable of fostering financial innovation while simultaneously advancing the competitiveness of the broader European Union financial sector [1].

Alongside sector competitiveness, the French authorities place direct emphasis on supervisory safeguards [1]. The submission advocates for strengthened investor protection standards, measures to preserve systemic financial stability, and protections surrounding European Union monetary sovereignty under the evolving regulation [1].

The coordinated response comes amid broader EU evaluations of the regime, following related supervisory debates such as when [ESMA proposes sweeping MiCA reforms](https://basisdesk.news/analysis/esma-proposes-mica-reforms-defi-stablecoins) and prior discussions where [France urges EU to hold crypto exchanges liable for DeFi incidents](https://basisdesk.news/news/france-proposes-mica-defi-liability-crypto-exchanges).

## FAQ

**Which French authorities submitted the joint MiCA proposals?**

The submission was jointly published by the Autorité des Marchés Financiers (AMF), the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the Banque de France, and the French Treasury (Direction Générale du Trésor).

**What core priorities did the French authorities highlight?**

The authorities emphasized supporting financial innovation and competitiveness alongside investor protection, financial stability, and EU monetary sovereignty.

## Sources

1. [MiCA review: The AMF, ACPR, Banque de France and French Treasury publish their joint proposals](https://www.amf-france.org/en/news-publications/amfs-eu-positions/mica-review-amf-acpr-banque-de-france-and-french-treasury-publish-their-joint-proposals) — amf-france.org, 2026-10-21

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai