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France works on developing cryptocurrency regulations

Monday 22 January 2018 10:30 CET | News

The French minister of the economy has announced the creation of a working group to develop cryptocurrency regulations.

The working group will be responsible for proposing guidelines and drafting a framework on cryptocurrency regulations with the objective being to prevent the technology’s misuse, according to CoinDesk. The Minister indicated that the working group will be headed by the former deputy governor of the country’s central bank, the Bank of France.

The move to establish a cryptocurrency working group comes a month after the French Minister proposed a discussion on Bitcoin regulation at a G-20 summit in 2018. He said that he will ask Argentina to put Bitcoin on the agenda during an upcoming gathering in April 2018.


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Keywords: France, crypto, cryptocurrency, cryptocurrency regulations, Bitcoin
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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