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France’s rigidity on crypto ads might spread through the E.U.

French regulations that ban the marketing of cryptocurrencies and crypto companies forced Formula (F1) teams to remove their crypto company sponsors from the cars, while RacingNews365 reports that an EU-wide crypto marketing ban might be coming.
The AMF sees the term ‘crypto’ as a general term that could include currencies, wallets, and exchanges.
Therefore, everything falling under the term ‘crypto’ is subject to a strict advertisement ban.
According to Gemini’s Global State of Crypto 2022 report, 16% of the French own crypto.
Also, France leads the way in gender equality in the cryptosphere, with more than 45% of crypto holders being female.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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