2 Min video on a new regulated type of ICO — https://youtu.be/gIUQNSGpy2A
The French financial market regulator, Autorité des Marchés Financiers (AMF), has given the ‘green light’ to a new Initial Coin Offer (ICO. This will be the second initial coin offering that is fully regulated under the ‘ICO Visa’ scheme which AMF set up in 2019, whereby helping firms to raise capital. It is to be used by companies to promote an ICO to investors, provided the company are not creating a security i.e. that the token genuinely has the characteristics of being used as a utility.