The Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), have issued a statement warning the public about entities offering crypto derivatives and Forex investments without authorization.
The regulators maintain a “black list” of websites that is periodically updated that highlights nefarious platforms that may put consumers at risk in France. The “Liste Noire” is available for download here.
France is a crypto-friendly jurisdiction that has sought to enable digital asset utilization with bespoke legislation outlining the requirements for a non-security token offering. The AMF also hosts a white list highlighting initial coin offerings (ICOs) that have been approved by the regulator.
Since 2019, only three token offerings have been approved by the AMF.