Quantcast

Secretary of State for Digital Affairs: SREN Bill will enable Web3 gaming 'to develop within an experimental framework that protects its users while promoting innovation'

Russia enforces a six-year ban on cryptocurrency mining across ten regions
Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates
BlackRock: A fantastic year thanks to its Bitcoin ETF
Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up
Decentralized Finance: A Sector Poised for New Heights in 2025?
Yat Siu X account breach likely part of a string of recent hacks: ZachXBT
Coinbase CLO shares data on crypto hedge funds debanking, demands for answers
Bybit to disable logins for Malaysian users starting December 24
MicroStrategy bags 5.2K Bitcoin at average BTC price of $106K
BlackRock: the financial giant wants to support stablecoins
One year after the halving: Q1, the catalyst for the explosion of the altcoin market?
Metaplanet Picks Up Record 620 Bitcoin as XRP Leads Market Slide
Binance and Circle announce strategic partnership to advance USDC adoption and crypto innovation
CATO Policy Analyst: Operation Choke Point 2.0 ‘has undermined many of the people trying to work and innovate’
SEC Approves First Crypto Index ETFs Combining Bitcoin and Ethereum
Bitcoin dips to $92K in ‘optimal dip-buying’ move as PCE boosts crypto
DOGE Founder Reacts to Bitcoin, Dogecoin and Ethereum Sell-off
Coinbase CEO: 'Crypto is the only payment rail that checks all three boxes'
CATO Policy Analyst: Operation Choke Point 2.0 ‘has undermined many of the people trying to work and innovate’
AI at the service of DeFi: Reflections and perspectives from the Saint-Alex Club
Avara’s Lens secures $31M for SocialFi-focused L2 blockchain
US Federal Reserve (Fed) Continues to Cut Rates by 25 Points: New Highs for Bitcoin?
$300m of other tokens bridged to Solana in the last week, why?
Coinbase sued over WBTC delisting by Justin Sun-affiliated BiT Global
Bitcoin Soars to New Record Highs Over $106K, Let's Hope the Fed Doesn't End the Party
Increased gas limits on Ethereum L1 come with risks… but big rewards
Bitcoin Catches Up With Gold: New ATH for BTC-Gold Ratio
Bitcoin Backed by US Congress: Pro-Crypto French Hill Takes Chair of Finance Committee
BlackRock recommends 1-2% Bitcoin in your portfolio
UK watchdog asks firms to share current and future crypto exposures
Secretary of State for Digital Affairs: SREN Bill will enable Web3 gaming 'to develop within an experimental framework that protects its users while promoting innovation'
Webp ferrari
French Secretary of State for Digital Affairs Marina Ferrari | X/Marina_Ferrari

Marina Ferrari, the Secretary of State for Digital Affairs in France, has expressed her support for the country's new Bill on Securing and Regulating the Digital Space (SREN Bill). In a statement shared on May 17, Ferrari asserted that the bill would safeguard minors in the digital space while also introducing regulations for innovative sectors such as Web3 gaming.

"I welcome the decision of the Constitutional Council on the law aimed at securing and regulating the digital space," said Ferrari. "It validates constructive and pragmatic government and parliamentary work. The main objectives of the bill are considered to be consistent with the Constitution, and firstly the strengthening of the protection of minors against pornography. Finally, the emerging economic sector of Web3 games will be able to develop within an experimental framework that protects its users while promoting innovation."

According to Connect on Tech, the French National Assembly adopted the SREN Bill on April 10, following its approval by the Senate a week earlier. The bill not only establishes protections for children online but also positions France as one of the pioneering countries to formulate specific regulations for games featuring monetizable digital objects like nonfungible tokens (NFTs). Since 2022, virtual games incorporating blockchain-based assets such as NFTs have surged in popularity. Recognizing their significant potential within the French video gaming sector, the French legislature has acted accordingly. As of 2023, this emerging sector was valued at over 6 billion euros.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Bits of Blocks reports that the SREN Bill introduces a new category of video games under French law: "jeux à objets numériques monétisables," or "JONUM." These regulations define monetizable objects as game elements given to players that can be directly or indirectly transferred for consideration to third parties. The bill proposes an experimental period of three years for this type of gaming. Halfway through this period, the French government will evaluate the bill's effectiveness, including its safeguards against activities such as money laundering.

Yi He, co-founder of Binance—the world's largest cryptocurrency exchange—said that transitioning from Web2 to Web3 gaming presents an opportunity to draw more people into the blockchain ecosystem. This sentiment was shared in a post on Binance's official website.

As per information from the European Union, Ferrari plays a crucial role in shaping policies related to enhancing digital skills and technology adoption in her capacity as Secretary of State for Digital Affairs. Furthermore, Ferrari is tasked with preparing and coordinating France's policies on "digital transformation."

More News

Brad Garlinghouse, CEO of Ripple, said that the company enables global financial institutions to enhance cross-border payments and efficiency through digital technology.

Jul 9, 2025

Changpeng Zhao, founder of Binance, said that a move for Fannie Mae and Freddie Mac to count bitcoin as a mortgage asset signals a shift in the American Dream.

Jul 7, 2025

Binance has announced the launch of PIXEL APR Boost Airdrop Rewards for the 11th project on BNSOL Super Stake, in collaboration with Pixels (PIXEL), a web3 game on the Ronin Network.

Jul 7, 2025

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), said that public companies increased their bitcoin holdings more rapidly than exchange-traded funds (ETFs) in the second quarter.

Jul 5, 2025

CoinFlip, a global digital currency platform, has announced the launch of a new user interface for its CoinFlip Preferred service.

Jun 30, 2025

Gum Shoe, a crypto influencer, has highlighted the long wait times and high fees at Coinbase compared to better service at Binance as evidence of the need for increased competition among U.S. crypto exchanges.

Jun 23, 2025