#France News

France: Financial Regulator Greenlights ICO for Renewable Energy Provider

June 3, 2020 by Aisshwarya Tiwari at Regulation

French stock market regulator - the Autorie des Marches Financiers (AMF) – has OK’d an initial coin offering (ICO) for a French renewable energy provider named WPO. The regulator approved the ICO under its “ICO visa” scheme on May 12, Coindesk reports, June 3, 2020. WPO Approved to Raise Funds via ICO...

France: Tezos (XTZ) Now Available for Purchase in Over 10,000 Convenience Stores

May 20, 2020 by Aisshwarya Tiwari at Altcoins

French cryptocurrency startup Digycode has introduced support for decentralized proof-of-stake (PoS) blockchain network Tezos (XTZ) to enable French customers to purchase the digital currency from over 10,000 retail shops from across France. Digycode Adds Support for Tezos French startup Digycode has partnered with the research and development arm of Nomadic...

Former French Central Bank Exec Calls for more Blockchain Integration

France: Crypto Firm Coinhouse Registers with Financial Regulator

April 7, 2020 by Aisshwarya Tiwari at Regulation

According to a Coindesk report published April 7, 2020, cryptocurrency trading firm Coinhouse has successfully registered with France’s apex financial watchdog – the Financial Markets Authority (AMF). This development could be a potential game-changer for the crypto industry in France as Coinhouse can now realistically hope for getting banking services...

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...

soare football player cards blockchain ubisoft

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...

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