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France to approve first crypto-issuers as new rules loom

July 16, 2019

Via: Reuters
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Under the rules, set to come into force late this month, crypto-related firms will voluntarily abide by standards on capital requirements and consumer protection and pay tax in France, in exchange for approval from the regulator.

“France is a precursor. We will have a legal, tax and regulatory framework,” said Anne Marechal, executive director for legal affairs at the Financial Markets Authority.

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