France’s financial regulator, the Autorité des Marchés Financiers (AMF), recently granted the country’s 1st approval for an ICO application made by a firm that has developed a platform for funding projects using cryptocurrency, French-ICO.
It is the 1st to be white-listed with a notice posted on the AMF website, and with the approval, the firm can market directly to the public in France. 💬
The AMF also explained that it has only approved the ICO proposal, not the token issuer. The country’s primary regulator highlighted that interested issuers can only apply for 1 ICO over a maximum period of 6 months.