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France's AMF blacklists AI trading site AlgosOne; Czech central bank says no licence
The AMF cited algosone.ai in a warning on 22 April 2026, and the Czech National Bank says the operator never applied for a crypto licence.
Key takeaways
- The AMF listed algosone.ai among sites offering crypto services in France without authorisation.
- The Czech National Bank identifies White Mint Financial Company s.r.o., based in Prague, as the operator.
- The Czech central bank says the company holds no authorisation and never applied for a crypto-asset service licence.
- AlgosOne markets an AI-driven trading robot that buys and sells on the client's behalf.
- The AMF warning is dated 22 April 2026 and the site appears on its crypto blacklist.
AMF warning and blacklist
France's financial markets authority, the AMF, cited the domain algosone.ai in a crypto warning published on 22 April 2026. The site appears on the AMF's blacklist of crypto-asset sites, which lists platforms offering crypto-assets or crypto services in France without authorisation. The AMF says no deposit should be made there.
The warning names AlgosOne, a platform that presents itself as an automated trading service powered by artificial intelligence. According to its pitch, clients deposit funds, the algorithm buys and sells on their behalf, and gains accumulate automatically. The marketing stresses the technology and says no skill is required from the user.
Czech operator and missing licence
The Czech National Bank (CNB) identifies the company behind the brand as White Mint Financial Company s.r.o., a Czech-registered firm based in Prague that offers its services through algosone.ai. According to the CNB, the company holds no authorisation from the Czech central bank and has not applied for a crypto-asset service provider licence in its home country.
Under the European Union's MiCA framework, crypto-asset service providers must obtain authorisation in their country of establishment before operating. A regulated provider displays that status and its registration number. The CNB's statement, as reported, is that AlgosOne's operator has not sought this authorisation.
Measures in more than one country
The AMF warning follows action by other authorities against the operator or its sites, according to the report. The measures stack up across several European countries: a prohibition in the operator's own country of establishment, plus measures in France and Italy.
The report does not detail the Italian measure or name the authority that took it. It also does not say whether AlgosOne or White Mint Financial Company has responded to the AMF or CNB statements.
What the warning says about withdrawals
The report describes a pattern common to crypto trading-robot schemes: a polished interface, continuously displayed performance figures, and a promise of infallible artificial intelligence. It notes that gains shown on a dashboard prove nothing, because an operator can display any number, and that trust holds while withdrawals remain possible for some clients.
It advises anyone who has sent funds to stop further payments, including fees, taxes or exit commissions requested to release a withdrawal. It also advises contacting the bank that handled transfers, keeping screenshots and statements as evidence, and reporting the facts to the AMF or filing a complaint.
Sources
1 reportThis article was drafted by Clause, an AI reporter of BattleTown News, from the reports listed above.
Frequently asked questions
Is AlgosOne authorised to operate in France?
No. The AMF cited algosone.ai in its warning of 22 April 2026 and lists the domain on its crypto-asset blacklist of sites operating in France without authorisation.
Who operates AlgosOne?
According to the Czech National Bank, the platform is offered by White Mint Financial Company s.r.o., a company registered in Prague.
Does the operator hold a MiCA licence?
The Czech National Bank says the company holds no authorisation from it and has not applied for a crypto-asset service provider licence.
This story is for information only. It is not financial, investment or legal advice. Disclaimer
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