RATE Group | French Stock Market Watchdog Blacklists 21 Cryptocurrency and Crypto-Asset Websites
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French Stock Market Watchdog Blacklists 21 Cryptocurrency and Crypto-Asset Websites

French Stock Market Watchdog Blacklists 21 Cryptocurrency and Crypto-Asset Websites

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French stock market regulator, the Autorite des Marches Financiers (AMF), announced it is blacklisting 21 new investment websites, including multiple crypto-related sites, September 26.

The AMF characterizes the new additions as “unauthorized websites” that offer “atypical investments,” and directs users to its existing blacklist, which it notes is “not comprehensive.”

In March, the AMF had added 15 websites — including those related to crypto and crypto-assets — to its blacklist, reminding consumers that “no advertising materials should make you overlook the fact that high returns always involve high risk.”

Cointelegraph has this month reported on a similar move from Belgian watchdog, the Financial Services and Markets Authority (FSMA), which added 28 new sites to its crypto-specific fraud blacklist and reiterated its warnings to consumers about fraudulent actors in the space.

France’s AMF has just this month received new legal powers to grant licenses to…

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