France’s New Blockchain Law Affects Banks Who Snub Crypto Startups

By
  • France's new crypto law grants blockchain-related projects the right to a bank account, provided they opt in to being regulated
  • There's an optional certification or "visa" for ICO projects as well as crypto services providers such as exchanges and custodians
  • The new law paves the way for French life insurance and private equity funds to get more exposure to crypto assets
  • All of this is a far cry from the U.S.

Among developed countries, France's new approach to regulated cryptocurrency and blockchain companies can fairly be described as avant garde.

In perhaps the most striking example, the regulatory framework drafted by Autorité des Marchés Financiers (AMF), the country's financial markets overseer, aims to remove a longstanding point of contention faced by such startups: banking relationships.

Read Full Article

© 2025 Lawyer Herald All rights reserved. Do not reproduce without permission.

Join the Discussion
More Law & Society
California Man Reportedly Beat His Neighbors to Death After Thinking

California Man Reportedly Beat His Neighbors to Death After Thinking Being Offered a Hot Dog Was an Insult: Court Docs

ICE Coordination_06182025_1

Colorado Officers Caught Illegally Using Group Chat With Federal Agents to Send Immigration Info to ICE: Sheriff

Utah Student Detained_06182025_1

Utah College Student Questioned About Her 'Accent' During Traffic Stop Before Being Let Go. Moments Later She Was Detained by ICE

Trump Assassin Threat Arrested_06172025_1

Ex-Coast Guard Lieutenant Criticized Attempted Trump Assassin's Skills, Made Suggestions on How to Kill Him: FBI