French government plans to provide legal framework for digital assets

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Three members of the French Parliament have proposed an amendment for regulating service providers in the crypto industry. The amendment widens the existing financial, legal framework to cover the crypto industry and will allow companies to obtain licenses to operate in France. The National Assembly will discuss the amendment by the end of September. 

AUTHOR

Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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