Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

2025-05-11

Ethereum breaks the most important price level – Has the ETH rally just started?

2025-05-11

Are Bitcoin and Ethereum at the point to suffer a liquidation nightmare? – Judgement …

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-11

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»NFT»NFT games should not be considered gambling, French National Assembly votes
NFT

NFT games should not be considered gambling, French National Assembly votes

2023-10-18No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

On Tuesday, the French National Assembly passed the so-called Sorare law, introducing the first specific regulatory framework for video game eavesdropping. NFTs and crypto-powered monetization programs.

It was voted on as part of the broader Law on the Regulation of the Digital Space – or SREN – in the French National Assembly, with 561 members voting.

Among them, 437 members voted in favor of its adoption, while 77 members voted against.

France continues with stricter crypto rules for newcomers

The text, also called the ‘Jonum regime’, which stands for games with digital objects that can be monetized, tries to strike a balance between promoting innovation among French startups and ensuring user protection.

For the first time in legal terms, this legislation defines Jonum, paving the way for a potential new regulatory framework specifically tailored to crypto games, separate from gambling and traditional video games.

“SREN can help legitimize the sector that is growing rapidly and has suffered from scams in recent years,” said Karima Lachgar, CEO and head of group legal and regulatory strategy at Olky Wallet. Declutter.

Now the text must be examined by the Constitutional Council, which has the power to review and possibly reject it – something several deputies are still hoping for.

According to reports from Lesson EchoesOpponents have pointed out that the law would give crypto games preferential treatment over online casinos.

If successful, Lachgar even suggested that gambling platforms could move “to the play-to-earn and Web3 sector like PMU” under the new law.

See also  Courtyard and Darket Leiden the TOP NFT activity in the past week

Pari Mutuel Urbain is the state-controlled gambling system. It has already entered the crypto space through its fantasy horse racing game Stables.

A breath of fresh air for the French Web3 gaming sector

While far from final, the Jonum regime would be a positive development for the local crypto gaming industry.

French regulators had previously said that the assets used in crypto games meet “three of the four criteria for defining a game of chance and gambling: public offering, financial commitment and the presence of a mechanism involving gambling.”

As a result, popular crypto games like Sorare, and others like Stables, were at risk of being classified as a form of gambling. The latter types of companies are confronted with a much heavier tax burden.

However, the text states that it is the Autorité Nationale des Jeux (ANJ), France’s national gambling authority, that will monitor compliance.

France and Germany are coordinating the Worldcoin research

That means users must provide their age when creating an account for a crypto game and verify a player’s identity when withdrawing in-game earnings. Importantly, no identity verification is required upon registration.

The Jonum regime also includes measures affecting the promotion of Web3 games using influencers. Specifically, it prohibits the use of influencers for promotional activities on online platforms that cannot exclude minors.

This suggests that promotional efforts on many social media platforms, including YouTube, may remain unaffected.

Source link

Assembly considered French gambling Games national NFT Votes
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Taiwan presents Bitcoin as part of the National Reserve Strategy

2025-05-10

Democratic senators try to block President Trump’s crypto companies, stating ‘Grift’ and national security risks

2025-05-08

Drink-to-earn? A new sparkling water comes with an NFT and points

2025-05-08

Cobie says we will return if someone buys this $ 20 million NFT

2025-05-08
Add A Comment

Comments are closed.

Top Posts

Whale dumps 18m ena – Can this mean $ chow and shib will pump?

2025-02-16

Which NFT collections are the future of the NFT market?

2023-10-02

Pudgy Penguins & Azuki collect more than $ 3.8 million in just 24 hours: NFT Market Review

2025-02-01
Editors Picks

Imminent Bitcoin (BTC) Correction Will Cause People To Panic, Warns Crypto Analyst – Here’s His Downside Target

2023-08-13

Bitcoin price may tumble if it continues to struggle below $31K

2023-07-10

SubQuery supports Soroban to advance Stellar’s Smart Contract Network

2024-03-23

Tenet Blockchain Opens up Testnet as it tries to bolster LSD functionalities

2023-05-05
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

Ethereum breaks the most important price level – Has the ETH rally just started?

Are Bitcoin and Ethereum at the point to suffer a liquidation nightmare? – Judgement …

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,461.940.87%
  • ethereumEthereum(ETH)$2,515.054.92%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.38-1.05%
  • binancecoinBNB(BNB)$659.260.37%
  • solanaSolana(SOL)$174.352.25%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2335062.74%
  • cardanoCardano(ADA)$0.80-0.14%
  • tronTRON(TRX)$0.2630600.73%
  • suiSui(SUI)$3.981.20%
  • chainlinkChainlink(LINK)$16.632.24%
  • avalanche-2Avalanche(AVAX)$24.821.54%
  • stellarStellar(XLM)$0.3064440.92%
  • shiba-inuShiba Inu(SHIB)$0.0000161.70%
  • hedera-hashgraphHedera(HBAR)$0.208412-0.03%
  • the-open-networkToncoin(TON)$3.421.30%
  • hyperliquidHyperliquid(HYPE)$24.85-1.93%
  • bitcoin-cashBitcoin Cash(BCH)$413.71-1.24%
  • polkadotPolkadot(DOT)$5.09-1.15%
  • unus-sed-leoUNUS SED LEO(LEO)$8.34-4.44%
  • litecoinLitecoin(LTC)$101.55-0.97%
  • piPi(PI)$1.0646.49%
  • moneroMonero(XMR)$330.413.50%
  • bitget-tokenBitget Token(BGB)$4.871.16%
  • pepePepe(PEPE)$0.0000131.92%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$7.127.15%
  • bittensorBittensor(TAO)$457.882.70%
  • nearNEAR Protocol(NEAR)$3.197.07%
  • aptosAptos(APT)$6.004.29%
  • aaveAave(AAVE)$221.250.81%
  • okbOKB(OKB)$55.661.62%
  • ondo-financeOndo(ONDO)$1.040.42%
  • ethereum-classicEthereum Classic(ETC)$19.902.05%
  • internet-computerInternet Computer(ICP)$5.652.95%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.93-0.29%
  • kaspaKaspa(KAS)$0.1062511.07%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2611281.39%
  • render-tokenRender(RENDER)$5.232.34%
  • gatechain-tokenGateToken(GT)$22.01-0.86%
  • crypto-com-chainCronos(CRO)$0.100310-1.59%
  • vechainVeChain(VET)$0.0309470.87%
  • mantleMantle(MNT)$0.792.97%
  • ethenaEthena(ENA)$0.4086477.79%
  • arbitrumArbitrum(ARB)$0.46466616.59%
  • usd1World Liberty Financial USD(USD1)$1.00-0.10%
  • filecoinFilecoin(FIL)$3.163.22%
  • algorandAlgorand(ALGO)$0.2423062.00%
  • bitcoinBitcoin(BTC)$104,461.940.87%
  • ethereumEthereum(ETH)$2,515.054.92%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.38-1.05%
  • binancecoinBNB(BNB)$659.260.37%
  • solanaSolana(SOL)$174.352.25%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2335062.74%
  • cardanoCardano(ADA)$0.80-0.14%
  • tronTRON(TRX)$0.2630600.73%
  • suiSui(SUI)$3.981.20%
  • chainlinkChainlink(LINK)$16.632.24%
  • avalanche-2Avalanche(AVAX)$24.821.54%
  • stellarStellar(XLM)$0.3064440.92%
  • shiba-inuShiba Inu(SHIB)$0.0000161.70%
  • hedera-hashgraphHedera(HBAR)$0.208412-0.03%
  • the-open-networkToncoin(TON)$3.421.30%
  • hyperliquidHyperliquid(HYPE)$24.85-1.93%
  • bitcoin-cashBitcoin Cash(BCH)$413.71-1.24%
  • polkadotPolkadot(DOT)$5.09-1.15%
  • unus-sed-leoUNUS SED LEO(LEO)$8.34-4.44%
  • litecoinLitecoin(LTC)$101.55-0.97%
  • piPi(PI)$1.0646.49%
  • moneroMonero(XMR)$330.413.50%
  • bitget-tokenBitget Token(BGB)$4.871.16%
  • pepePepe(PEPE)$0.0000131.92%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$7.127.15%
  • bittensorBittensor(TAO)$457.882.70%
  • nearNEAR Protocol(NEAR)$3.197.07%
  • aptosAptos(APT)$6.004.29%
  • aaveAave(AAVE)$221.250.81%
  • okbOKB(OKB)$55.661.62%
  • ondo-financeOndo(ONDO)$1.040.42%
  • ethereum-classicEthereum Classic(ETC)$19.902.05%
  • internet-computerInternet Computer(ICP)$5.652.95%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.93-0.29%
  • kaspaKaspa(KAS)$0.1062511.07%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2611281.39%
  • render-tokenRender(RENDER)$5.232.34%
  • gatechain-tokenGateToken(GT)$22.01-0.86%
  • crypto-com-chainCronos(CRO)$0.100310-1.59%
  • vechainVeChain(VET)$0.0309470.87%
  • mantleMantle(MNT)$0.792.97%
  • ethenaEthena(ENA)$0.4086477.79%
  • arbitrumArbitrum(ARB)$0.46466616.59%
  • usd1World Liberty Financial USD(USD1)$1.00-0.10%
  • filecoinFilecoin(FIL)$3.163.22%
  • algorandAlgorand(ALGO)$0.2423062.00%