AMF Criticizes Tobacconists’ Bitcoin Scheme

[kreslik.news]

A French financial technology (fintech) company was criticised by local regulators this Monday for trying to sell cryptocurrency through tobacconists. The Autorite des Marches Financiers (AMF) said in a statement that Keplerk would be unlikely to provide customers with significant protections and that it is operating without any regulatory oversight.

Those comments came almost a week after Keplerk announced the launch of its new deal with French tobacconists. Unlike many other European countries, where the number of tobacconists has been shrinking, France still has over 24,000 licensed tobacco shops.

[b]Join the iFX EXPO Asia and discover your ... ([url=https://www.financemagnates.com/cryptocurrency/news/amf-criticises-tobacconists-bitcoin-scheme/]read more)