The French Ministry for the Economy and Finance, known informally as Bercy, wants to transform Paris into the capital of initial coin offerings (ICOs), according to a translated version of LesEchos. The Autorité des Marchés Financiers (AMF) is proposing a flexible framework for ICOs, and Bercy is studying the proposal closely. The newspaper reports that the regulations are likely to be included in the Pact Act, which was discussed in the Council of Ministers in mid-April. Read more here.

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