Knowledge Base

← Financial Instruments, Crypto-Assets, and Their Risks

Questions

Which type of product is prohibited from all forms of advertising under the loi Sapin 2?

ICOs approved by the AMF
CFDs and binary options
Crypto-assets registered by the AMF
Crypto-asset wallet services

What is the penalty for an unregistered DASP that engages in promotion in France?

A €10,000 fine
Two years of imprisonment and a €30,000 fine
A temporary suspension of activity
A public warning from the AMF

What is the maximum fine for electronic advertising inviting people to request information about an unlicensed service?

€50,000
€100,000
€200,000
€30,000

What condition must an influencer meet to legally promote an ICO in France?

The ICO must be registered with the AMF
The issuer must hold an AMF visa
The contract must be approved by the ARPP
The influencer must be registered as a DASP

Categorize items by dragging them to the appropriate zones

Items to categorize:

Standard advertising by a registered DASP
Targeting minors in an advertising campaign
Promising guaranteed gains in a promotional message
Visible 'Advertisement' label in an influencer post
Categories:

Permitted practices

Prohibited practices

Maximum penalty for a non-compliant influencer

Click to see answer

A registered DASP may legally use sponsorship to promote its services in France.

True
False

An advertisement for crypto-assets may present their use as a risk-free game.

True
False