🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
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📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
French Financial Authority (AMF) softens stance on cryptocurrency assets
The French financial regulator (AMF) has just announced adjustments aimed at their views on complex financial products to reflect the rapid development of the crypto market. This move comes after the European legal framework MiCA comes into effect at the end of 2024, with the goal of balancing the growing investment demand and protecting individual investors.
AMF believes that some crypto-related products such as Exchange-Traded Notes (ETN) can be distributed without risk warnings, provided they meet strict criteria: custody performed by a licensed MiCA entity, underlying assets with a market capitalization of over 10 billion euros, sufficiently high trading volume, and product structures that do not use leverage or discretionary elements.
Although relaxed, these products are still considered complex and must comply with MiFID regulations, requiring distributors to assess suitability for each investor. AMF plans to conduct a full impact assessment of the new framework in 2027.