The French National Assembly has passed the Sorare law, introducing the first dedicated regulatory framework for video games tapping NFTs and crypto-powered monetization schemes. The text seeks to balance fostering innovation among French startups and ensuring user protection. The legislation defines Jonum, paving the way for a potential new regulatory framework for crypto games. Opponents have pointed out that the law would give preferential treatment to crypto games rather than online casinos. This would be a positive development for the local crypto-gaming industry as users will need to report their age when creating an account for a crypto game and verify a player’s identity when they withdraw in-game earnings. It also includes measures that impact the promotion of Web3 games using influencers. #CryptoGaming #JonumRegime #SREN #FrenchNationalAssembly

You can read more about this topic here: Decrypt: NFT Games Are Not to Be Considered Gambling, Votes French National Assembly

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