French Lawmakers Approve New Boss for Finance Watchdog

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NEW: French lawmakers just voted in favor of a new boss for crypto and finance regulator AMF_actu. jackschickler reports.

Former bank lobbyist Marie-Anne Barbat-Layani has been cleared to head up France’s financial markets regulator, after lawmakers voted 55-28 in favor of her appointment on Wednesday.

The French government, which is keen to see the country become a crypto hub, has set up one of the first crypto licensing regimes in the European Union. France has anticipated the European Union’s bloc-wide rules known as the Markets in Crypto Assets Regulation that could take effect in 2024. A recent case where a crypto company was deregistered “shows the benefits” of the French measures, she told senators at a hearing held Tuesday. “Seeing your registration withdrawn has the effect of reverse advertising, which was one of the things that the AMF sought in terms of communication.”

 

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AMF_actu jackschickler Good for them and if they start using USDT it will be even better.

nikhileshde AMF_actu jackschickler Airdrop campalgn now ✅

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