Immediate Connect: French financial regulators caution against investment scam
AMF warns against Immediate Connect urging caution and verification as it joins the blacklist, emphasizing the risks in foreign exchange or digital currency investments.
Latest Autorité des Marchés Financiers News
France introduces new certificate for influencers in finance, ‘crypto’
Two French regulators have teamed up to launch the Responsible Influence Certificate, which requires its holders to reveal if they have been paid for ads.
Societe Generale ‘crypto’ division secures France’s first digital asset license
While being granted France's first-ever DASP license brings SG Forge closer to launching its stablecoin, it remains unclear whether it would open doors for other firms to receive permits from the AMF.
France: CACEIS Bank receives approval to offer digital currency custody service
The CACEIS Bank approval was granted by France's Autorite des Marches Financiers on June 20, following a lengthy scrutiny of CACEIS' application.
Same risk, same regulation: France’s AMF calls for tougher DeFi oversight
DeFi can’t be ignored anymore, and authorities must regulate the sector to protect against risks such as money laundering and terrorist financing, says Autorité des Marchés Financiers.
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.
France adopts softer approach to digital asset regulations
Lawmakers in France voted for an amendment that gives VASPs more time to comply with European regulations, overturning a proposed aggressive approach.
France: Only 2 virtual currency platforms flagged by financial watchdog in 2022
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.
France may stiffen rules for digital asset firms aiming to obtain licenses
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.
French bank wins approval to offer digital assets services
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.
Canadian watchdogs join US SEC in Celsius probe: report
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.
F1 teams forced to remove ‘crypto’ branding due to French laws regulatory uncertainty: report
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.