France to approve first crypto-issuers as new rules loom

France's Financial Markets Authority (AMF) is set to greenlight three to four initial coin offerings (ICOs) after passing crypto regulation last year. Taxes, consumer protection, and capital requirements are bundled into the regulation, Reuters writes. France's lead on ICOs and crypto regulation, in general, comes amid Libra hearings in the United States and France's progressive stance on crypto within the Group of Seven (G7).

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