
France wants to ban digital asset influencers
Lawmakers in France proposed a new law that only allows influencers to promote digital assets from firms licensed by AMF: no VASP has such a license currently.
Lawmakers in France proposed a new law that only allows influencers to promote digital assets from firms licensed by AMF: no VASP has such a license currently.
Lawmakers in France voted for an amendment that gives VASPs more time to comply with European regulations, overturning a proposed aggressive approach.
Out of the 15 unauthorized investments in foreign exchange and virtual currency markets, only two were found to have a direct affinity to the digital asset sector.
Herve Maurey, a member of the French Senate’s finance commission, is pushing for an amendment of a law allowing virtual currency firms to operate in the country without a full license until 2026.
Societe Generale is the third-largest in France and the sixth-largest player in the European Union, with $1.4 billion in assets and an impressive balance sheet.
The Quebec and Ontario securities watchdogs have joined the probe, with the former especially concerned about the fate of a $150 million investment in Celsius.
During the F1 French Grand Prix weekend, eight of the 10 participating teams with digital currency partners were forced at short notice to take legal advice on what is permitted by the AMF.
It makes sense for regulation to happen at the ESMA level, ensuring a Europe-wide framework for regulating the digital currency markets, according to a new AMF policy paper.
Autorité des Marchés Financiers Chairman Robert Ophèle has proposed that the European Securities and Markets Authority should be in charge of the digital currency industry.
The Autorité des Marchés Financiers set out details of the recently blacklisted companies to raise awareness of unregulated operators.
The AMF, the stock market regulator in France, gave warnings regarding the operation of Kuvera LLC (1)/Kuvera France, due to their unauthorized targeting of minors.
The Autorité des Marchés Financiers is looking for investors in the Laboratoire Blockchain Inc firm.