France legalizing crypto companies
The French authorities have begun licensing companies representing the cryptocurrency industry. As Reuters clarifies, several crypto companies have brought their activities under the tax and administrative standards in force in French jurisdiction. The regulator in the person of the Financial Markets Authority (FMA) has approved the work of these startups, and now they will be able to start services and serve local businesses and private clients. The representative of the ministry, Anna Marechal, said that the French authorities are trying to introduce such a regulatory framework that would be as convenient as possible for companies related to the blockchain industry. Now four startups are negotiating with French regulators to …
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