#France News

Blockchain Hybrid Beer IPL Being necked by a dude

Marks and Spencer’s Expands World’s First Blockchain Beer to France and Channel Islands

August 10, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Downstream Hybrid, an India Pale Lager (IPL) brewed by Boyne Brewhouse, with its entire supply chain information stored on the blockchain, is now available at 150 Marks and Spencer’s (M&S) stores across the supermarket’s estate in France and the Channel Islands, reports Retail Times on August 9, 2019. Blockchain Beer...

Cryptocurrencies standing proud waving the French flag blockchain

French Regulators Set to Approve Bitcoin-Linked Firms

July 18, 2019 by Ogwu Osaemezu Emmanuel at Regulation

France’s financial watchdog, the Financial Markets Authority (AMF) has announced plans to implement a new set of rules that will govern bitcoin and crypto-based businesses in the region. The regulation is expected to go live later this month, and it takes care of essential pain points like consumer protection, tax...

Looking in a filing cabinet to find Facebook' coin under project libra drawer

France to Launch G7 Cryptocurrency Task Force in Wake of Libra Concerns

June 21, 2019 by Aisshwarya Tiwari at News, Regulation

According to a report published by Reuters on June 21, 2019, France is set to form a G7 cryptocurrency task force to explore how global central banks can regulate cryptocurrencies like Facebook’s Libra without the risk of it being used for money laundering and other illicit activities. A Crypto-Focused G7...

France Set to Introduce Clear Regulations for Cryptocurrency Token Sales

June 12, 2019 by Anthonia Isichei at ICO/IEO

The French government is looking to introduce clear-cut regulations for ICOs in the country. As reported by Crowdfund Insider on June 10, 2019, regulators in the country want to issue rules governing the issuance of utility ICO tokens, which would serve as a new “ICO regime.” France Moving ahead of the...

Finastra Signs Three French Banks to DLT Lending Consortium

May 15, 2019 by Ashwath Balakrishnan at Adoption, Blockchain, Finance, News

Finastra, one of the world's largest FinTech companies, has added three French Banks to its lending consortium that runs on a distributed ledger. SocGen, BNP Paribas, and Natixis have joined NatWest on the DLT platform that went live in October 2018, as announced on their website on May 14, 2019. ...

French Multinational Financial Institutions Settle $112 Million Transaction on Ethereum

May 11, 2019 by Mohammad Musharraf at Adoption, Blockchain, News

Societe Generale S.A., one of the largest financial institutions in France, issued covered bonds worth $112 million in the form of security tokens using the Ethereum blockchain. It was a pilot program to test how the use of blockchain and cryptocurrency could reduce the time and cost of settlement of...

French Bank Societe Generale Issues $122 Million Covered Bond on Ethereum Network

April 25, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Finance, News

Societe Generale SFH, a subsidiary of one of Europe's largest financial services groups, Societe Generale Group, on April 23, 2019, announced that it had issued the first covered bond as a security token on the public Ethereum blockchain. $122 Million Bond on Ethereum Blockchain An increasing number of banks and...

Bitcoin Ether Litecoin Ripple French Regulation EU Table

French Finance Minister to Propose Uniform Crypto Regulation to EU Partners

April 16, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, News, Regulation

France looks determined to push for regulation of cryptocurrencies in Europe as its Finance Minister, Bruno Le Maire said on April 15, 2019, that he will urge his European Union partners to set up a uniform crypto regulatory infrastructure, Reuters reports. Adopting the French Experience France has quickly established itself...

PwC Partner: Central Bank Digital Currencies Need to Be Stress-Tested by Big Companies

March 25, 2019 by Nuno Menezes at Adoption, Blockchain, Commentary, Finance, News, Regulation

Pauline Adam Kalfon, a blockchain and financial services partner at PwC France, explained that central banks may start to accept the idea of issuing their own digital currency once big companies have stress-tested the technology, as noted on Forbes on March 22, 2019. Still not Comfortable with Digital Currencies France's...

Ledger S Nano Sitting on top of a Certificate

Nano S Wallet Certified by French Government

March 19, 2019 by Tokoni Uti at Business, Development, News, wallet

Ledger’s Nano S Wallet has become the first crypto hardware wallet to be certified by the National Cybersecurity Agency of France, according to their published list of products on March 18, 2019. Welcome To The Club The Ledger Nano S Wallet has had an interesting life thus far. It has...

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