The French Financial Markets Authority (AMF) has issued a new warning regarding the proliferation of unauthorized digital asset platforms operating within national borders. In its latest quarterly update for 2026, the regulator identified a fresh batch of websites providing crypto-asset services without the necessary legal permits. This move is part of an ongoing effort by French authorities to protect retail investors from potential fraud and unregulated financial intermediaries in the volatile cryptocurrency market.
New Additions to the Unauthorized Service Provider List
During the third quarter of 2026, the AMF's monitoring systems flagged several domains that failed to comply with European and national financial regulations. Among the newly blacklisted sites are alphaairobot.com, bitgrokapp.com, cryptobullbear.com, and investpathline.com. These platforms allegedly targeted French residents by offering trading, custody, or investment advisory services for assets like Bitcoin (BTC) and Ethereum (ETH) without obtaining the mandatory registration.
- Since the beginning of 2026, the AMF has added a total of 64 names to its list of unauthorized crypto-asset websites.
- The regulator emphasizes that the blacklist is frequently updated but warns that it cannot be considered exhaustive.
- Unregistered platforms often lack the consumer protection standards required for Digital Asset Service Providers (DASPs).
Verification Procedures for French Investors
To mitigate the risks associated with illicit financial activities, the AMF advises market participants to conduct thorough due diligence before committing capital. The authority maintains a whitelist of authorized Crypto-Asset Service Providers (PSCA), which is accessible via its official website. This registry lists entities that have undergone a rigorous vetting process to ensure compliance with anti-money laundering (AML) and "know your customer" (KYC) protocols.
The list is frequently updated but cannot be exhaustive, as new unauthorized actors appear regularly. Investors must remain vigilant and verify the legal status of any platform before initiating a transaction.
In conclusion, the constant expansion of the AMF's blacklist highlights the persistent challenges faced by regulators in the rapidly evolving blockchain industry. By maintaining a public record of non-compliant entities and encouraging the use of verified PSCA providers, the French regulator aims to foster a more transparent and secure environment for digital finance. Investors are urged to treat any unsolicited offer from an unregistered domain with extreme caution to avoid the risk of total loss.
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For educational purposes only. Nothing here constitutes financial or investment advice. Crypto markets are highly volatile — always DYOR before making any decisions.
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