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$3,438.93 0.7377
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$407.45 0.12335
BNB price
Solana
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$131.15 -0.11043
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$0.5953140 -2.34214
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Shiba Inu
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$0.0000150 10.93993
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Pepe
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$0.0000042 44.28361
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$0.0000243 1.44347
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Bitcoin
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$62,597.00 0.71476
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Ethereum
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BNB
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$407.45 0.12335
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Solana
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$131.15 -0.11043
Solana price
XRP
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$0.5953140 -2.34214
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Shiba Inu
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$0.0000150 10.93993
Shiba Inu price
Pepe
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$0.0000042 44.28361
Pepe price
Bonk
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$0.0000243 1.44347
Bonk price
Bitcoin
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$62,597.00 0.71476
Bitcoin price
Ethereum
Ethereum (ETH)
$3,438.93 0.7377
Ethereum price
BNB
BNB (BNB)
$407.45 0.12335
BNB price
Solana
Solana (SOL)
$131.15 -0.11043
Solana price
XRP
XRP (XRP)
$0.5953140 -2.34214
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000150 10.93993
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000042 44.28361
Pepe price
Bonk
Bonk (BONK)
$0.0000243 1.44347
Bonk price

France blacklists only two crypto-related websites in 2022

News
France blacklists only two crypto-related websites in 2022

During the 2022’s bear run, French financial regulators have added only two crypto services to their blacklist — a considerable reduction in comparison to 2021.

On Dec. 21, the Prudential Supervision and Resolution Authority (ACPR) and the Autorité des Marchés Financiers (AMF), France’s stock market regulators, updated a blacklist of websites associated with illegal forex and cryptocurrency investments.

The release claims that year over year, the AMF and ACPR have reported much fewer websites connected to cryptocurrencies. The government banned two websites in the crypto derivatives category in 2022, compared to 24 sites the previous year.

Only two of the 15 recently banned websites explicitly reference cryptocurrencies in their names. These websites include cryptoneyx.io and 24cryptoforextrading.net.

France warns for caution with crypto sites

The AMF and ACPR warn investors to exercise caution and confirm the legitimacy of intermediaries selling financial goods or services in France. According to the regulators, investors should check the official registration of approved investment service suppliers and the list of permitted intermediaries in the crowdfunding or financial investment adviser categories.

The impending crypto winter will likely result in a sharp decline in the number of crypto-related websites. Since November 2021, the crypto market has decreased by more than 70%, resulting in enormous losses for cryptocurrency investors. FTX’s bankruptcy played a big part in the market plunge.

The French government is well-recognized for its cordial attitude toward the digital asset sector. It has granted several permits to significant international crypto enterprises. Major international crypto exchange Binance received from the AMF to offer services relating to cryptocurrencies in France in May.

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