[ad_1]
French Finance Minister Bruno Le Maire is believed to have persuaded other members of the European Union to adopt a regulation similar to his own, which was only recently introduced, according to the same source. Reuters.
The new law in question is one in which French lawmakers have authorized cryptocurrency operators to manage their operations, provided they apply for certification allowing the authorities to determine the issuer of a new token. or creators of one as well as check out business plans and membership in the LBC. The goal is to protect consumers against fraud. Cryptographic companies will be taxed on their profits.
Speaking at a blockchain event in Paris, The Mayor said:
I will propose to my European partners to put in place a unique regulatory framework on cryptographic assets inspired by the French experience. Our model is the right one.
Many EU countries are currently studying the adoption of blockchain and digital assets to boost their economy, including: Italy and Germany.
New French regulation on cryptography conducive to the growth of cryptography
Legislators have also authorized the2 trillion life insurance market to invest in securities other than securities without the limitation of only allowing investments of up to 10% of the funds of the company. The French Minister of the Digital Economy, Mounir Mahjoubi, said he wants France to become a "blockchain champion".
Although the question remains open on private parts, France is generally much more open to the idea of blockchain technology and digital assets, joining countries like Japan and Switzerland in order to digitize their technologies.
[ad_2]
Source link