French MPs Propose Legal Framework for All ‘Digital Assets’ Providers, Sources Report
The French government is reportedly planning to provide a legal framework for all “digital assets” providers, local news agency LesEcho.fr reported September 21.
Three members of President Emmanuel Macron’s party, La République En Marche (LREM), have proposed an amendment to French legislation for regulating all service providers in the crypto industry, sources told LesEcho.fr. The National Assembly is reportedly set to discuss the amendment by the end of September.
The amendment, tabled by LREM MPs Valeria Faure-Muntian, Christine Hennion, and Eric Bothorel, has the aim of widening the existing legal framework in order to allow all crypto market participants to receive approval from the main stock market regulator in France, Autorité des Marchés Financiers (AMF). LesEcho.fr writes that seeking approval would be optional, adding:
Readmore:
https://cointelegraph.com/news/french-mps-propose-legal-framework-for-all-digital-assets-providers-sources-report