The French Ministry of Economy and Finance confirmed that the regulatory framework proposed by the AMF (l’Autorité des Marchés financiers) would recognize ICOs as a legitimate investment vehicle. The ministry also said that preliminary consultations with stakeholders and associations are needed.

The AMF wants to create a license for ICOs, which should create confidence among investors.

A licensed ICO means that the token issuer must provide investors with certain guarantees regarding the use of funds, including ICOs that are not licensed or prohibited.


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