Online Crypto Derivatives Ads should be banned says French regulator

Europe France Regulations
Maciek Klimowicz
Written by Maciek Klimowicz

In a recently released a statement , L’Autorite Des Marches Financiers (AMF)  –  France’s stock market regulator –  said that online marketing of cryptocurrency derivative products should be banned, according to current, broader rules on derivatives.

The agency established that “cash-settled cryptocurrency contract may qualify as a derivatives, […]” and “are subject to the provisions of the Sapin 2 law, and notably the ban of advertisements for certain financial contracts.”

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

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