France | Crypto Profit Bot

France’s financial authority approves Binance’s registration as digital asset service provider

May 4, 2022

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Binance said it would “significantly scale” its operations in France following the registration approval, and planned to expand its team “to pursue further infrastructure development.” 1090 Total views 50 Total shares The Autorité des Marchés Financiers (AMF), France’s authority responsible for regulating the financial market, has granted Binance’s registration to provide crypto-related services in the […]

Are NFTs an animal to be regulated? A European approach to decentralization, Part 1

February 6, 2022

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Nonfungible tokens (NFTs) are constantly in the news. NFT platforms are springing up like mushrooms and champions are emerging, such as OpenSea. It is a real platform economy that is emerging, like those in which YouTube or Booking.com gained a foothold. But it is a very young economy — one that is struggling to understand […]

French fintech startup Lydia raises $100 million in Series C funding round

December 8, 2021

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The Series C funding round was led by existing investors Tencent and Accel. 1349 Total views 23 Total shares French crypto-friendly fintech startup Lydia has raised $100 million in a Series C funding round, per a report in TechCrunch. The latest capital raise reportedly helped Lydia attain unicorn status with a valuation of over $1 […]

US firm WisdomTree lists crypto ETP on Euronext

December 2, 2021

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U.S. companies are rushing to launch crypto investment products in Europe amid regulatory pushbacks at home. 2073 Total views 45 Total shares United States-based companies are increasingly listing cryptocurrency-based investment products in Europe, with asset manager WisdomTree getting another listing for its crypto basket exchange-traded product (ETP). On Dec. 2, WisdomTree listed its Crypto Mega […]

Binance to spend $115M in France to develop European crypto ecosystem

November 4, 2021

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Binance CEO Changpeng Zhao announced the launch of the $115-million crypto and blockchain initiative during a conference in France. 1543 Total views 26 Total shares Global crypto exchange Binance is starting a 100-million euro ($115 million) initiative to develop the blockchain and crypto ecosystem in France and Europe, Binance CEO Changpeng “CZ” Zhao announced in a […]

Shiba Inu now accepted as payment at a French bistro in Paris

October 30, 2021

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The restaurant has reported a sudden spike in foot traffic after adding SHIB as a payment method. 6081 Total views 70 Total shares Le Bistrot d’Eleonore et Maxence, a restaurant in Paris, France joins the growing list of mainstream businesses to add Shiba Inu (SHIB) as a payment method. The information came to light from […]

French central bank pilots blockchain-based CBDC for debt market

October 19, 2021

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Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. 460 Total views 29 Total shares The central bank of France continues actively exploring a central bank digital currency (CBDC), completing a significant trial of a blockchain-based CBDC in the country’s debt market. Over 500 institutions […]

French government pushes for one agency to regulate crypto across the EU

July 19, 2021

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The proposal would result in uniform regulations for digital currency across the EU. 3462 Total views 12 Total shares The government of France has proposed that the European Securities and Market Authority, or ESMA, should regulate digital currency activity across the European Union. If enacted, this would establish a single authority over the crypto sector […]

‘We don’t have much time left’ to regulate crypto, says Bank of France governor

June 29, 2021

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“We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty,” said Francois Villeroy de Galhau. 7667 Total views 33 Total shares Bank of France governor Francois Villeroy de Galhau said that Europe should make crypto regulation a priority or risk digital assets challenging its monetary sovereignty. At […]

French court sentences BTC-e operator Alexander Vinnik to 5 years

June 28, 2021

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Vinnik’s lawyers fear Greek authorities will want him to face additional charges after the sentence. 2563 Total views 6 Total shares A court of appeals in Paris has upheld the five-year prison term in the case against BTC-e operator Alexander Vinnik. The court upheld a December 2020 verdict and prison sentence, finding that Vinnik/BTC-e had […]

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Category: France