News Explorer — French Influencers Can No Longer Promote Crypto Projects

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Mar 22, 2:59 pm

Coindesk

French Influencers Can No Longer Promote Crypto Projects

French lawmakers voted on a new law to prevent social media influencers from promoting unlicensed crypto products. The amendment would put digital assets in the same category as risky financial products, gambling, and pharmaceuticals, with violators facing two years in jail and a fine of 30,000 euros. The law is intended to protect consumers from unsafe products or outright scams.

French lawmakers voted on a new law to prevent social media influencers from promoting unlicensed crypto products. The amendment would put digital assets in the same category as risky financial products, gambling, and pharmaceuticals, with violators facing two years in jail and a fine of 30,000 euros. The law is intended to protect consumers from unsafe products or outright scams.

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