TITLE: France's Financial Markets Authority Withdraws Digital Asset Service Provider Registration from AUTOMATA France SAS
BODY:
On July 1, 2026, the Autorité des Marchés Financiers (AMF) announced the withdrawal of AUTOMATA France SAS's registration as a digital asset service provider (DASP), effective June 30, 2026. The AMF Board made this decision on May 7, 2026, following assent from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), France's prudential supervisory authority.
The AMF initiated the withdrawal proceedings after determining that AUTOMATA France SAS, operating through Vancelian.com, was conducting crowdfunding activities without the required licence. The regulator found that this illegal exercise of activity demonstrated a failure by the company's senior managers and significant shareholders to comply with obligations regarding good repute and competence under the Regulation on Markets in Crypto-assets (MiCA). The AMF set the effective withdrawal date as June 30, 2026, to allow an orderly wind-down of the company's operations. During the wind-down period, AUTOMATA France SAS was permitted to provide only services and conduct operations strictly necessary for the orderly cessation of its affairs. The company was required to return control of clients' means of access to digital assets according to previously specified client procedures.
Following the effective withdrawal date, AUTOMATA France SAS must inform the public of the registration withdrawal, remove all references to its AMF registration as a DASP from its website, and finalise its orderly wind-down arrangements. The AMF stated it maintains regular contact with AUTOMATA France SAS teams to ensure effective cessation of activities while prioritising investor protection and safeguarding client interests.
**Reference:** Autorité des Marchés Financiers, "The AMF announces the withdrawal of AUTOMATA France SAS's registration as a digital asset service provider effective from 30 June 2026," July 1, 2026, https://www.amf-france.org/en