France introduces ICO regulations to protect investors

Tech 6 days ago The Next Web 16

Despite calls for the EU to unify its regulation of cryptocurrencies and blockchain, France has taken the initiative and introduced its own regulations for initial coin offerings (ICOs). In a tweet yesterday, French Minster of Economy and Finance, Bruno Le Maire, announced the approval of a legislative framework which would require ICOs floated in France to provide safeguards and guarantees to investors. ✅Article 26 adopté en commission #PACTE ! ➡️Un cadre juridique des #ICO est créé. L’@AMF_actu pourra délivrer un visa aux acteurs respectant des critères de protection des épargnants➡️Ce cadre juridique va attirer les innovateurs du monde entier #blockchain…

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