France allows issuing cryptocurrency in the country if their founders agree to regulation by the authorities. At the same time, France will be one of the first countries to regulate the initial offers of coins (ICO).
The government declares that if coin issuers agree to regulation, they will be considered more reliable investors, which will help to gain confidence in the currency. To this end, France is ready to offer certification at the request of the issuer. At the same time, the French state will levy taxes on the profits of crypto projects.
France plans to introduce new regulatory rules early next year. The goal is to create a market in Paris for companies involved in raising funds through the release of cryptocurrency, and in the process to become part of an expanding business, increase tax revenues and ensure security for investors.
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