The French Senate is considering a proposal that would permit influencers to promote cryptocurrencies.
French Senate Considers Proposal to Allow Influencers to Promote Cryptocurrencies
The French Senate is considering a proposal that would permit influencers to promote cryptocurrencies. The proposed legislation aims to establish a legal framework for the promotion of digital assets by influencers and content creators. Currently, French law prohibits influencers from endorsing financial products, which has been a point of contention for those seeking to discuss or promote cryptocurrencies on social media platforms.
If the proposal is approved, influencers would be allowed to promote cryptocurrencies provided they comply with specific guidelines and requirements. The legislation aims to strike a balance between protecting consumers from potential risks associated with cryptocurrency investments and allowing influencers to leverage their platforms for promoting digital assets.
The proposed change in legislation highlights the evolving landscape of cryptocurrency regulations and the increasing recognition of digital assets in mainstream society.
