{"id":153592,"date":"2023-09-11T17:25:57","date_gmt":"2023-09-11T11:55:57","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=153592"},"modified":"2023-09-11T17:25:57","modified_gmt":"2023-09-11T11:55:57","slug":"france-launches-a-certificate-for-finfluencers-including-crypto-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/france-launches-a-certificate-for-finfluencers-including-crypto-crypto-news\/","title":{"rendered":"France launches a certificate for \u2018finfluencers,\u2019 including crypto – Crypto News"},"content":{"rendered":"
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Amid the current pressure on so-called \u201cfinfluencers,\u201d who promote investment products in their blogs, France is taking a step toward outright licensing them. The country has introduced a non-obligatory Responsible Influence Certificate.<\/p>\n

As revealed<\/a> on Sept. 7, two French regulatory agencies, the Autorit\u00e9 des March\u00e9s Financiers and the Autorit\u00e9 de R\u00e9gulation Professionnelle de la Publicit\u00e9 (ARPP), have jointly set up a training module for influencers in the financial sector.<\/p>\n

The \u201cResponsible Influence Certificate\u201d has existed since 2021, when it was first introduced by the ARPP. Over 1,000 French influencers have obtained it. Now the certificate will have a special course for financial influencers, advertising equities, bonds, exchange-traded funds, funds, derivatives and other investment products, including even wine. Crypto assets are also mentioned in the announcement. <\/p>\n

Related: <\/em><\/strong>AI usage on social media has potential to impact voter sentiment<\/em><\/strong><\/a><\/p>\n

To pass the Responsible Influence Certificate in Financial Advertising, one would have to obtain a minimum of 75% correct answers to 25 multiple-choice questions. While the certificate doesn\u2019t hold the status of an obligatory legal document, the ARPP would be able to withdraw it from non-complying influencers. Moreover, to obtain the Responsible Influence Certificate, one would first have to get the \u201cGeneral Certificate,\u201d developed by the ARPP for all influencers. <\/p>\n

In May 2023, the French Senate approved an amendment allowing registered cryptocurrency companies to hire social media influencers for advertising<\/a> and promotional purposes. At the same time, in the United Kingdom,\u00a0regulators warn influencers that their promotions\u00a0could be an offense<\/a>\u00a0punishable by up to two years in jail<\/a>, an unlimited fine or both. And the \u200bEuropean Consumer Organisation has\u00a0lobbied for a total prohibition<\/a> on advertising crypto for influencers. <\/p>\n

Collect this article as an NFT<\/a><\/em><\/strong> to preserve this moment in history and show your support for independent journalism in the crypto space.<\/em><\/em><\/p>\n

Magazine: <\/em><\/strong>NFT collapse and monster egos feature in new Murakami exhibition<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Amid the current pressure on so-called \u201cfinfluencers,\u201d who promote investment products in their blogs, France is taking a step toward outright licensing them. The country has introduced a non-obligatory Responsible Influence Certificate. As revealed on Sept. 7, two French regulatory agencies, the Autorit\u00e9 des March\u00e9s Financiers and the Autorit\u00e9 de R\u00e9gulation Professionnelle de la Publicit\u00e9 […]<\/p>\n","protected":false},"author":2,"featured_media":153593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-153592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=153592"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153592\/revisions"}],"predecessor-version":[{"id":153595,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153592\/revisions\/153595"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/153593"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=153592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=153592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=153592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}