[vc_row][vc_column][vc_paragraph text=»The initial coin offering got the green light from the French regulator of Autorité des marches financiers market.«][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=»AMF — a barrier between token issuing and investors » size=»medium»][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=»On May,12th AMF approved ICO visa for the independent renewable energy resource WPO working in France, Britain, Ireland and Sweden.»][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=»This is the second permission for ICO launching AMF has ever given. The system for obtaining permission was launched in 2019 in order to reduce possible risks that investors bear when it comes to investing in utilities. The agency requires French companies that are interested in ICO approval, to file an application, and only after it is approved they will be allowed to publicly promote digital assets.»][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=»The regulator has obviously taken a step in the right direction asking the companies to apply for permission. Many of the investors over the world suffered from ICO boom in 2017 that lead to the release of thousands of tokens with zero value. «][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=»Many of the assets developed in 2017, now cost less than 90% of their initial prices. Introduction of the security systems, or such legal barriers like AMF has recently launched, will make it harder for non-legitimate companies to attract funds.»][/vc_column][/vc_row]
