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Earlier, the law limited influencer marketing to approved crypto businesses.
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Penalties for breaking the law include a fine of roughly $322,000- or 2-years jail.
French legislators agree on regulations for governing cryptocurrency influencer marketing, easing restrictions, and improving regulatory oversight.
According to a statement from the French Senate on Thursday, members of a parliamentary committee have unanimously approved new regulations limiting cryptocurrency marketing by social media influencers.
The French Senate said on May 25 that it had unanimously approved a law to control influencer marketing for a broad range of businesses.
According to a statement from French MPs …
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