French regulator launches ICO support project "UNICORN"

France's financial regulator launches a new initiative focused on ICOs
27 October 2017   2015

France's financial regulator, The Autorité des marchés financiers (AMF), launches a new initiative focused on iICOs. The AMF reports that it is considering one of several approaches, including an update to existing rules to account for ICOs or entirely new regulations around the use case.

The Autorité des marchés financiers press release
The Autorité des marchés financiers press release

The project called "UNICORN" aims at providing a mechanism for ICO organizers in France to carry out their plans under the agency's guidance.

Called UNICORN (for "Universal Node to ICO Research & Network"), this one, in parallel of the reflection on the possible tracks of regulation, aims at offering to these carriers of projects a frame allowing the development of their operations and to ensure the protection of actors and investors wishing to participate.
 

The AMF statement
Translated by coindesk.com

With the move, France's government appears to have adopted a more accommodative stance toward the blockchain use case, even going as far as to proactively encourage developer teams to get in touch. 

Poloniex to Receive GRAM Listing Application

The application was filed by the head of the Gram Vault custodian and Blackmoon COO Sergey Vasin before the SEC's lawsuit
22 October 2019   70

The head of the Gram Vault custodian, Sergey Vasin, filled out an application for listing on the Poloniex exchange before the SEC filed a lawsuit against Telegram.

According to Vasin, who is also a Blackmoon COO exchange, Gram Vault stores 50% of tokens from the first round and 75% of tokens from the second round of sales.

He also added that Telegram does not work directly with exchanges. The document was at the disposal of CoinDesk.

SEC asked Telegram for information on possible Gram trading on the Coinbase, Poloniex, Bittrex, Huobi, Binance, Blackmoon and Liquid exchanges. Only the last two and Coinbase Custody previously announced token support.

Recall that the SEC lawsuit has already forced Telegram to postpone the launch of TON in the spring of 2020.