"Influencers Act: towards a more flexible regime

One amendment was intended to prohibit the promotion of crypto companies not approved by the AMF. But according to our information, this text, which is not supported by the government, is likely to be dropped when the final vote on the law on influencers is taken on 28 March.
22.03.2023

It's the home stretch before the proposed law to regulate influencers in France is examined. On Tuesday 28 March, the National Assembly will hold a public session to discuss the text, which focuses, in part, on those who promote cryptos.

To date, the proposal provides for two main points: firstly, that crypto influencers must be approved by the Autorité des marchés financiers (AMF); secondly, that they may not promote companies that have not themselves been approved by the AMF as digital asset service providers (DASPs). This second point was added yesterday as part of the adoption of an amendment tabled by the PS MP, Arthur Delaporte.

Or, according to our information, this provision should finally be excluded from the final text, notably because of the government's opposition.

What will happen from now on?

Format
News
Topic
Regulation
Author(s)
The Big Whale

Ce contenu n'est pas disponible publiquement

Rejoignez plus de 100 institutions financières qui utilisent notre recherche pour évoluer avec confiance dans l’industrie des actifs numériques.
Decouvrir l'abonnement

Ready to access research you can actually use?

Join 100+ leading institutions using The Big Whale research to navigate digital assets with confidence.
Discover the membership

Actionable digital asset intelligence

Join 100+ financial leaders who rely on The Big Whale for trustworthy, unbiased market intelligence on digital assets.
Contact us
100%
Independent journalism
2016
Since
0
Noise