France Flaunts ‘Right’ Crypto Model as EU Members Feel the Heat

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By CCN: France is pushing the boundaries with its new crypto regulatory framework, which it unveiled a week ago. Now the government plans to pressure other EU states to take the “right” approach to crypto regulation. French officials are acutely aware that the blockchain is an emerging field with proven risks, and they have employed a heavy screening burden for projects seeking to sell crypto assets.

France’s Finance Minister Bruno Le Maire has been setting the tone for this week’s Paris Blockchain Conference and didn’t mince words:

“I will propose to my European partners that we set up a single regulatory framework on crypto-assets inspired by the French experience. Our model is the right one.”

La France a tous les moyens pour devenir un pays leader en Europe sur les technologies #blockchain