Fibo Becomes PSAN: AMF Registration Confirmed
Fibo is now registered with the Autorité des Marchés Financiers (AMF) as a Prestataire de Services sur Actifs Numériques (PSAN – Digital Asset Service Provider).
Our mission is to help you achieve your financial goals by simplifying your investment in digital assets. We strive to make cryptocurrency savings easy, fun, and accessible to everyone.
With registration number E2023–089, Fibo has received authorization to start its operations in France and Europe, including services for buying/selling cryptocurrencies for fiat currencies as well as managing cryptocurrency portfolios on behalf of third parties.
Find Fibo on the whitelist of PSAN-registered companies on the AMF website, under the company ADVIJU Investissement operating under the commercial name Fibo.
What Is PSAN Status?
The status of Prestataire de Services sur Actifs Numériques (PSAN – Digital Asset Service Provider), supervised by the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR), has been required in France since 2020 for all companies wishing to legally offer cryptocurrency-related services.
This status provides a regulatory framework for companies like Fibo that want to provide cryptocurrency financial services in the French market. This framework includes strict obligations such as implementing Know Your Customer (KYC) procedures and Anti-Money Laundering and Counter-Terrorist Financing (AML-CTF) policies.
These regulations allow Fibo to offer cryptocurrency savings options in a secure and compliant manner, thus ensuring optimal protection of our users against financial risks.
With the Fibo app, you can build a cryptocurrency reserve simply and securely, without conscious effort on your part.
Find the list of PSAN companies on the Autorité des Marchés Financiers website here.
Fibo’s registration as a PSAN (Digital Asset Service Provider) with the AMF (Autorité des Marchés Financiers) represents an important step for the regulation of the cryptocurrency sector in France. This approval allows Fibo to offer its services in full legality while strengthening user trust. Indeed, PSANs are subject to strict obligations regarding anti-money laundering and counter-terrorist financing. For example, Fibo must implement client identity verification and transaction monitoring procedures. This is not limited to regulatory compliance alone but also contributes to creating a safer environment for investors. Moreover, this recognition could facilitate access to partnerships with other market players, such as banks or financial institutions, seeking to collaborate with regulated entities. Thus, Fibo’s registration as a PSAN could not only strengthen its market position but also foster a more responsible and transparent crypto ecosystem in France.
