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France Reportedly Proposes Legal Framework For “Digital Assets” Providers

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Mon, 24/09/2018 - 15:15
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France Reportedly Proposes Legal Framework For “Digital Assets” Providers
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Three French MPs belonging to the party of Emmanuel Macron, La République En Marche (LREM), have proposed an amendment to French legislation, widening the legal framework to allow anyone participating in cryptoeconomics to obtain a license of approval.

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The license, according to the French news agency, LesEcho.fr, will be issued by the main stock market regulator, Autorité des Marchés Financiers (AMF). Obtaining the approval would be optional, yet “will be a guarantee of credibility and seriousness.”

Earlier this month, AMF was granted legal power to issue licenses to ICO’s, with the purpose of attracting international investments.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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