#France News

Former French Central Bank Exec Calls for more Blockchain Integration

France: Stock Market Regulator Proposes Security Tokens Sandbox

March 13, 2020 by Ashwath Balakrishnan at Regulation

In 2018, security tokens were seen as the next big thing with cryptocurrency and blockchain, a narrative that has failed to follow through. Slowly, countries are opening up to the notion of security tokens. France's stock market regulator, the AMF, has proposed a sandbox for security tokens in Europe, which...

French Court Rules Bitcoin is Legal Money

March 6, 2020 by Anthonia Isichei at Bitcoin, Regulation

A French commercial court has acknowledged Bitcoin as a currency, following a legal dispute between a local crypto exchange platform, Paymium, and investment firm, BitSpread. With the court ruling, Bitcoin can now be seen as legal money in France. Bitcoin’s Legal Status Same as Fiat Currency According to a report...

France: Napoleon Bitcoin Fund Launches as First of it’s Kind

December 12, 2019 by Edoardo Vecchio at Bitcoin

Napoleon Asset Management launched the first Bitcoin Fund in France regulated by Autorité des Marchés Financiers (AMF), an independent public body that is responsible for safeguarding investments in financial instruments. As reported by LesEchos on 11 December, the fund will be accessible only to institutional investors. The First French Crypto...

Former French Central Bank Exec Calls for more Blockchain Integration

November 26, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a bid to transform the French financial industry, Denis Beau, the First Deputy Governor of the Bank of France, proposed the use of blockchain technology in euro payment settlements within the Eurozone whilst at the Second Annual Capital Markets Technology and Innovation Conference, according to an Econotimes report, November...

European Regulators won’t Oppose Stablecoins but Double-Down on Libra Warning

October 18, 2019 by Ashwath Balakrishnan at Altcoins

Benoit Coeure, a French economist and executive director on the ECB, believes now is the time to step up the weight of regulation for digital currencies. As per Bloomberg, Coeure believes Bitcoin and other major FinTech innovations were being closely watched and allowed to unravel in their sandbox, but now...

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Ubisoft and Sorare to Foster Fantasy Football Blockchain Gaming

October 11, 2019 by Aisshwarya Tiwari at Blockchain

In an official press release issued on October 10, 2019, distributed ledger technology (DLT) firm Sorare stated that it was selected into the Ubisoft Entrepreneur Lab’s program to help it expand the market footprint of its critically acclaimed blockchain-based football game. Official Football Blockchain Cards Are Here In a bid...

French Billionaire Calls to France in Support of Facebook’s Libra Cryptocurrency

October 11, 2019 by Edoardo Vecchio at Altcoins

Xavier Niel, a French billionaire businessman active in the telecommunications and technology industry who is best known as the founder of the French Internet service provider Iliad, wrote an article for LesEchos expressing his support for the Facebook crypto project, Libra, October 11, 2019. Don't Fear the Libra Libra will...

Cryptocurrencies standing proud waving the French flag blockchain

France: Crypto-to-Crypto Transactions Tax-Exempt Unless Traded for Fiat

September 13, 2019 by Ashwath Balakrishnan at Bitcoin

France has welcomed cryptocurrency investments by announcing that crypto to crypto transactions will be tax-exempt, and necessary taxes will be applied only when selling crypto for fiat currency. According to Bloomberg Tax, France will also introduce a value-added tax (VAT) for transactions where crypto is directly used to purchase goods and...

Europe’s Five Largest Economies Form Anti-Libra Coalition

France Finance Minister Intends to Block Facebooks Libra Cryptocurrency in Europe

September 13, 2019 by Anthonia Isichei at Altcoins

The French Finance Minister has vehemently stated that Facebook’s cryptocurrency, Libra, would not be given a chance to develop on European soil. According to a report by RT on September 12, 2019, Facebook’s cryptocurrency is risky for the European market. Libra is a Threat to Sovereign Currencies Bruno Le Maire,...

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...

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