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France

French Government to Create Flexible, Safe ICO Framework

March 16, 2018 by Ashley MAO

The Autorite des Marches Financiers (AMF), France’s stock market regulator, proposed ICO rules include the introduction of a visa for companies interested in launching ICOs. An ICO backed by such visa will indicate AMF approval, resulting in better security for the investors. However even ICOs without a visa would still be allowed.

AMF announcement of the proposed rules indicates France’s liberal approach to ICOs, especially compared to a number of other countries. AMF quoted the example of the US government’s actions against ICOs to show that it’s looking to take a different approach.

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Ashley MAO, Coinlaw

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Ashley MAO is a member of the Coinlaw team. Read more about our team.

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