2023-06-23 17:23:02
The arrival of web3 players, such as Sorare, raises a question: is it gambling or not? Riccardo Milani / Hans Lucas via Reuters Connect
DECRYPTION – A draft of reduced legislation for newcomers to web3 panics most of the historical players.
Casino operators, sports betting and poker websites, Française des jeux… Gambling and gambling players are worried about the future, with the arrival of web3 players. The Élysée wants to encourage these newcomers, starting with the nugget of tech Sorare, who are a source of pride for France. But, to get them out of a regulatory no man’s land, the executive is fine-tuning appropriate legislation, which makes the historical players in the sector shudder. Much less restrictive than the current framework, the Jonum legislation (games with monetizable digital objects) runs the risk, many deplore, of opening Pandora’s box of online gambling. In April, the Council of State had expressed reservations about the project.
He is now in his home stretch. A request for authorization to legislate by ordinance should be presented to the Senate at the beginning of July, and to the Assembly at the beginning of September. Despite all the concerns, the government wants to move quickly. But…
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#outcry #Sorare #law