Paul Hackley

France Reportedly Proposes Legal Framework For “Digital Assets” Providers

3 French MPs belonging to the party of Emmanuel Macron have proposed an amendment to French legislation to allow anyone participating in cryptoeconomics
France Reportedly Proposes Legal Framework For “Digital Assets” Providers

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.

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.

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