France Is Working to Become Europe’s ICO Hub with New Regulatory Framework

French Finance Minister Bruno Le Maire announced his country’s Parliament approved a regulatory framework for initial coin offerings.

French Finance Minister Bruno Le Maire announced that the country’s Parliament approved a legal framework for initial coin offerings, proposed by the Autorité des Marchés Financiers (AMF). The details of the framework have still not been made available to the public.

The announcement was made by Le Maire in a tweet,

A legal framework for ICOs has been created. The AMF will be able to issue a visa to the actors respecting criteria of protection of the savers. This legal framework will attract the innovators from around the world.

A couple of months ago, Le Maire revealed in an opinion piece published in Numerama that France was interested in becoming the first…

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