French lawmakers agreed to soften the strict restrictions in a crypto bill previously proposed in March. The bill aims to control the excessive impact of social influencers on digital assets.
Before now, the bill was drafted to allow only licensed digital asset firms in the country to participate in influencer marketing.
But with the recent development, digital asset firms registered with France’s Financial regulator, Financial Markets Authority (AMF), can now engage in influencer marketing.
French Lawmakers Soften Restriction On Crypto Influencer Law
According to a press release, the senators and the deputies of the economic affairs committees reached a unanimous agreement on the digital asset influencer proposed bill.
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The statement from lawmakers Arthur Delaporte and Stephane Vojetta disclosed the…