France Wants To Create ICO Framework To Lure Startups Its Way

France is working on a regulatory framework that would enable startups to raise funding via cryptocurrencies. The French government is aiming to introduce legislation that lets companies launch ICOs and get a formal stamp of approval. That is aimed at protecting investors from ICOs that ultimately have no value. The idea is to make France a global hub for ICOs and to make the cryptocurrency market — and as a result, ICOs — more legitimate.

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