France Launches Crypto Influencers Training Program to Boost Industry Engagement

France Launches Crypto Influencers Training Program to Boost Industry Engagement


France Launches Training Program for Cryptocurrency and Finance Influencers

France has introduced a new training program aimed at cryptocurrency and finance influencers. The program, was known the “Responsible Influence Certificate in Finance,” was developed by the Autorité des Marchés Financiers (AMF) and the Autorité de Régulation Professionnelle de la Publicité (ARPP) to improve understanding and compliance with advertisement disclosures.

The initiative comes in response to the need for clearer communication in investment advertisements to secure transparency and balance. Several cryptocurrency influencers and celebrities have been involved in controversies, leading to lawsuits. The ARPP found that 25% of online content did not adequately disclose sponsored advertising, prompting the creation of this program.

The training module covers numerous topics, including investment products, portfolio management, and understanding crypto-assets. Although while not legally mandatory, obtaining the certificate is becoming increasingly important, as non-compliance with advertisement regulations could have legal consequences and impact collaborations with brands. The program intends to fortify the integrity of financial advertising and protect investors from misleading or risky financial products.

READ NOW
MicroStrategy buys $147.3M in bitcoin, bringing total held to $4.68B: CNBC Crypto World

Hot Take

France’s new training program for cryptocurrency and finance influencers is a proactive step towards ensuring transparency and compliance in investment advertising. By providing influencers with the Responsible Influence Certificate in Finance, the program intends to strengthen their understanding of advertisement disclosures and protect retail investors. This initiative outlines the growing influence of cryptocurrency and finance personalities and the need for clearer communication in the industry. Although while not legally mandatory, obtaining the certificate is increasingly important for collaborations with brands and to sustain professionalism. By addressing the lack of transparency in investment advertisements, France is taking a whole lot of step towards safeguarding investors and improving the integrity of financial advertising.

READ NOW
Civic Coin: A Step Towards a More Secure and Efficient Future
Author – Contributor at | Website

Cyrus Dailey stands as a luminary gracefully weaving the roles of crypto analyst, tenacious researcher, and editorial artisan into a captivating narrative of insight. Amidst the intricate world of digital currencies, Cyrus’s perspectives resonate like finely tuned melodies, captivating curious minds from a myriad of perspectives. Her ability to decipher complex threads of crypto intricacies melds seamlessly with her editorial finesse, transforming intricacy into a harmonious composition of understanding.

READ NOW
Bitcoin Supporters Demonstrate Confidence in Potential Price Increase: Insights from On-Chain Data
Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.




Follow us

Latest Crypto News

Share via
Share via
Send this to a friend