First ICO Approval Issued in France

Posted on Jan 4, 2020

The AMF has granted approval for the first public ICO (Initial Coin Offering) which will take place between March and June later this year. It will give the issuer the option to receive approval from the AMF for their token sales. France’s financial market authority has given approval to the issuer with conditions attached, ensuring that AML (Anti Money Laundering) and KYC (Know Your Customer) measures are met and all digital assets issued remain secure. This latest development will continue to promote the adoption of cryptocurrencies across Europe.