AUTOMATA France SAS, operating via Vancelian.com, has had its regulatory approval revoked by the French Autorité des Marchés Financiers (AMF). According to the AMF, AUTOMATA was the target of an enforcement action due to the platform carrying out crowdfunding activities without the mandated approvals. Additionally, the AMF states that management and shareholders failed in their obligations in “terms of good repute and competence.”
AUTOMATA has been operating under a Digital Asset Service Provider (DASP) license.
As of June 30, 2026 AUTOMATA must notify the public of its withdrawal of its registration and wind down operations.
The AMF stated that it is in regular contact with the teams of AUTOMATA in order to ensure the effective cessation of its activities while safeguarding the interests of clients.
Vancelian has posted a notice on its home page noting it has ceased pursuit of a MiCA license, the EU wide crypto rules, but if possible it will reapply.
Vancelian reported over €100 milloin in assets under management. The platform also provided options like investing in real estate with recent fundings being villas in Bali and savings quoted at a 6.44% rate of return.
In December of 2025, Vancelian reported in principle approval under Dubai’s Virtual Assets Regulatory Authority (VARA).
