Here is an except of an article published on coinness. It narrates the French government approval of draft to regulate ICOs
"France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
If the ICO is disguised, as from France, and they will have some fraudulent or suspicious actions. In this case, in a short time, many people will learn, and simply will not take, projects from France. But in this short time, they can deceive many people. Yes, and KYC is becoming increasingly mandatory, which greatly outraged people working in the field of cryptocurrency.