French Finance Minister Bruno Le Maire announced about the development of a number of measures for economic growth and transformation of enterprises. After approval by the Council of Ministers, the French government will offer issuing licenses for the producers of cryptocurrencies. The Financial Markets Authority (AMF) will license the producers. The Minister of Finance seeks to introduce legal regulation of the cryptocurrency after the conclusion of the G-20 summit, during which the final terms for the promulgation of future laws in the field of new technologies were adopted. However, the Central Bank of France urged financial institutions to refrain from any activities related to the cryptocurrency. Only time will tell whether the historical link between the words “France” and “revolution” will play for the benefit of technological progress in France.
Follow us on our Telegram channel.