Deblock packs a euro current account with a French IBAN, a Visa card and a self-custody crypto wallet into one app. Authorised under MiCA by France’s AMF, the French fintech offers competitive crypto fees, but its advertised 4% yield rests on conditions that sources describe differently. Here is our 2026 breakdown.
🔑 Key takeaways
- Deblock is an e-money institution, not a bank, and holds the first MiCA licence issued in France by the AMF (no. A2025-001).
- Crypto fees: 1.99% on Standard versus 0.49% on Premium for buying, selling and converting.
- The wallet is non-custodial (MPC technology), but the MiCA licence does not cover custody of crypto.
- The 4% yield is variable and, according to Coin Academy, not guaranteed; it carries protocol risk.
- Trustpilot rates Deblock 4.4/5 across 9,905 reviews, with recurring complaints about frozen accounts and slow transfers.
A hybrid status: e-money institution with a MiCA licence
Deblock SAS was founded in Lille in October 2022 by Jean Meyer, former crypto head at Revolut, with Adriana Restrepo, Aaron Beck and Mario Eguiluz. The app launched in France in April 2024. The company claims more than 300,000 customers at the end of 2025, with around 100,000 active each month in November 2025. Funding totals EUR 12 million in 2022, EUR 14 million in 2024, and a EUR 30 million Series A in November 2025 led by Speedinvest, Commerzbank and Latitude.
On the regulatory side, Deblock is an e-money institution authorised by the ACPR (French banking supervisor) on 22 November 2023. On 23 May 2025, the AMF granted it the first MiCA (Markets in Crypto-Assets) licence issued in France, covering buying, selling, exchanging and executing orders for crypto-assets. The licence can be passported across the European Economic Area. Client euros are held in ring-fenced accounts separate from company funds.
| Status | Authority | Date | Scope |
|---|---|---|---|
| E-money institution (interbank code 17748) | ACPR | 22 November 2023 | Euro accounts and payments |
| MiCA licence no. A2025-001 | AMF | 23 May 2025 | Buying, selling, exchanging and order execution for crypto-assets |
The key caveat concerns client funds. The Deposit Guarantee Fund does not cover Deblock as such: it could only step in if the bank holding the ring-fenced accounts defaulted. Deblock cannot lend to clients and offers neither overdrafts nor credit. The company says it commissions certified cybersecurity audits every six months, and Coin Academy reports no publicly disclosed hack as of October 2026.
Plans, cards and fees
Three plans are available. Standard is free and includes a French IBAN, one physical Visa card, one virtual card and five single-use card numbers per day. Premium adds three physical cards, ten virtual cards and unlimited single-use numbers. Native requires holding a Bursted Bubbles NFT for at least 30 days and includes all Premium benefits; it no longer appears on the public price grid. Premium pricing varies by source: EUR 14.99 a month or EUR 120 a year according to Coin Academy, EUR 14.99 a month or EUR 10 a month with annual commitment according to MoneyVox, and EUR 10 a month according to MoneyRadar.
| Criterion | Standard | Premium | Native |
|---|---|---|---|
| Price | Free | EUR 14.99 a month (sources differ) | Free, NFT required |
| Physical Visa cards | 1 | 3 | 3 |
| Virtual cards | 1 | 10 | 10 |
| Free ATM withdrawals | EUR 100 a month, EUR 15,000 cap | EUR 1,000 a month, EUR 30,000 cap | Same as Premium |
| Cashback | Not specified | 1% | 1% |
Beyond the cap, withdrawals cost 1% with a EUR 1 minimum. Currency exchange is free up to EUR 1,000 a month on Standard and unlimited on Premium. Foreign payment terms diverge: Coin Academy lists 0% up to EUR 1,000 on Standard, then 0.5% on weekdays and 1% at weekends, with a charge from the first euro starting 11 November 2026. MoneyRadar instead reports 0% FX fees on card payments in all currencies. A 0.5% surcharge common to all three plans applies to certain merchant categories, including financial services, gambling and jewellery. The card, compatible with Apple Pay and Google Pay, spends euros from the account rather than crypto directly.
Crypto trading fees
| Plan | Buy, sell, convert | On EUR 1,000 of Bitcoin |
|---|---|---|
| Standard | 1.99% | about EUR 19.90 |
| Premium | 0.49% | about EUR 4.90 |
| Native | Free per MoneyVox (Coin Academy lists only free buying) | EUR 0 per MoneyVox |
Crypto transfers to external addresses incur network fees, which Deblock says it passes on without markup.
Self-custody wallet and precious metals
The wallet is non-custodial: users keep their keys and can export their wallet. Security relies on MPC (multi-party computation). The descriptions differ, however. Coin Academy describes several key fragments stored between the phone and the servers of a technical provider, while MoneyVox describes two segments, one kept offline by Deblock. In both accounts, a single fragment cannot move funds.
Deblock claimed more than 150 assets in March 2026 across Bitcoin, Ethereum, Polygon, Solana, Optimism, Arbitrum and Base, including Bitcoin, Ethereum, Solana, USDC and EURC/EURCV. Le Parisien reports 250 cryptos, a discrepancy that remains unresolved. There is no built-in staking. Since January 2026, the service supports WalletConnect and lets users import external wallets such as MetaMask or Ledger and convert their assets. Lost access, wrong addresses and irreversible transactions remain risks inherent to self-custody.
Physical gold, silver, palladium and platinum
Since 2026, Deblock lets users buy physical metals from EUR 1 with no custody fees, at fees that can fall to 0.49%. The metal is certified, allocated and stored in secure vaults in Switzerland. Payment can be made in euros or USDC. Deblock says it offers no ETFs, futures or synthetic exposure.
Savings yield: 4% advertised, terms disputed
The yield is the most contested point. The official site advertises 4% on the current account, with no cap and daily payout. However, the rate is described as a “gross variable rate” as of 1 April 2026, applicable to Premium and Native clients.
“A 4% return on your current account. No cap. Paid every day and guaranteed at least until 2027.”
Deblock, official website (deblock.com/fr)
Coin Academy describes a different picture: as of October 2026, a variable gross rate of 4% on Premium and 2% on Standard, with no guarantee on capital or yield. The mechanism converts euros into the EURCV stablecoin and deposits them on the Morpho protocol, outside the ring-fenced accounts. Deblock states that access to these decentralised finance services is not governed by EU regulation 2023/1114.
| Source | Advertised rate | Key conditions |
|---|---|---|
| Deblock (official site) | 4% gross variable | Premium and Native, guaranteed at least until 2027 per the site |
| Coin Academy (October 2026) | 4% Premium, 2% Standard | No guarantee, voluntary activation |
| MoneyVox | Morpho vaults from EUR 1 | Variable rate, no commitment; 50% interest share for Standard (ambiguous wording), full interest for Premium and Native |
| MoneyRadar | Loans over-collateralised in bitcoin | Automatic liquidation possible; protocol or stablecoin flaw could cause partial or total loss |
The risk is real. Even though loans are over-collateralised with bitcoin, a failure of the Morpho protocol or of the EURCV stablecoin could cause a partial or total loss. In that case, ring-fencing does not protect the funds deposited.
Onboarding, taxation and reputation
Sign-up happens exclusively through the iOS or Android app and requires an email address, a phone number, an identity document, a selfie and a regulatory questionnaire. The IBAN is created immediately. The account is limited to adult individuals; joint accounts are not supported, and cash deposits and cheques are not accepted.
Taxation in France
According to Coin Academy, selling crypto for euros is subject to the 31.4% flat tax on gains realised since 2025, reported on form 2086. Buying, holding or swapping one crypto for another is not taxed in the same way. Card payments, which spend euros, are not taxable. The account and wallet in principle fall outside form 3916-bis, which covers foreign accounts. Interest from the savings product is taxable, and its exact treatment requires advice from a tax adviser.
What customers say
Trustpilot shows 4.4/5 across 9,905 reviews, 7,570 of them published in the last twelve months: 72% five stars, 12% four, 3% three, 1% two and 12% one. MoneyRadar recorded the same score on 25 September 2026 across 8,369 reviews, plus 4.7/5 on the App Store and 4.4/5 on Google Play. Praised points include simplicity, fast transfers and a clear interface. Complaints involve delayed transfers, unexpected account freezes, declined payments and late card delivery. Trustpilot notes that it does not verify the facts reported, even for reviews marked as verified. Deblock responds to 30% of its negative reviews, usually within two weeks.
“The reference for next-generation crypto accounts”
Le Parisien, comparison published 10 April 2026
Le Parisien rates Deblock 5/5, ahead of Revolut at 4.8/5, Trade Republic at 4.1/5 and bunq at 4/5. MoneyRadar gives it 4/5 and ranks it second behind Revolut among neobanks. These scores rest mainly on advertised features; they do not replace several months of testing, particularly for transfer and compliance-check delays.
Conclusion: a useful tool, with conditions
Deblock addresses a genuine need: a euro account with a French IBAN, a card and self-custody crypto at moderate cost. Coin Academy considers it suited to everyday use, but not to active traders, investors seeking a broad catalogue, or those expecting a guaranteed yield.
Three scenarios stand out for 2026 and 2027. In the first, the announced expansion into Germany, Austria and the Benelux widens the client base and strengthens the company’s position. In the second, variable rates fall, reducing the appeal of the savings product. In the third, an incident at a partner protocol or in ring-fenced accounts would test the real safeguards. Before any decision, check current terms and fee schedules.
Sources
- Coin Academy, Deblock fundamentals
- Le Parisien, 2026 hybrid crypto solutions comparison
- MoneyVox, Deblock profile
- Trustpilot, Deblock reviews
- Deblock, official website
- MoneyRadar, Deblock profile
Cet article est publié à titre informatif et éducatif. Il ne constitue en aucun cas un conseil en investissement. Faites vos propres recherches (DYOR) avant toute décision.
