france
Bank of France Tests Out Potential Central Bank Digital Currency by Launching Experiment Program
The Bank of France (Banque de France) is launching a program of experiments testing out a potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants are being invited to submit their applications, as the Bank of France is calling for applications to experiment with the use of a digital euro.
Greece Council of State Rules for the Extradition of a Russian Bitcoin Laundering Suspect to France
Greece Council of State has ruled in favor of the order to extradite a Russian bitcoin laundering suspect named Alexander Vinnik, A.K.A "Mr. Bitcoin" to France, as reported by Greece Greek Reporter.
Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain
The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.
Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program
Earlier this year, Banque de France, the French central bank launched a program of experiments to test out the potential central bank digital money aimed for interbank settlements. The program of experiments was launched in late March 2020, where the central bank asked participants to submit their applications before May 15, 2020. The French central bank is open to test out new technology, although it did not specify using blockchain.
France Seeks to Block Development of Libra in Europe
While speaking at a recent conference in Paris on virtual currencies, Bruno Le Maire, French Finance Minister said, “In these conditions, we cannot authorise the developments of Libra on European soil.
Crypto.Com Wins Registration Approval in France
Crypto.com has additional registrations and licenses in France expanding its footprints in Europe after Italy, the UK, and Greece.
Slow to Incorporate Crypto Regulations Could Fuel Arbitrage Risk: French Central Banker
Francois Villeroy de Galhau, the governor of the French Central Bank, has warned of the risks of arbitrage that may be fueled by uneven crypto regulations on the global scale.
Meta's Martin Signoux Predicts AI Model Developments for 2024
Martin Signoux predicts 2024 AI model trends including Large Multimodal Models, continuous improvements, Small Language Models' significance, open and proprietary models coexistence, benchmarking challenges, and public debate on AI risks.
France Central Commission Proceeds CBDC-Backed Treasury Bond Trials
The Central Bank of France commissioned a trial involving the settlement of treasury bonds by using Central Bank Digital Currencies (CBDCs).
France Levies 250M Euros Fine on Google for Unauthorized Media Content Use
France's Autorité de la Concurrence imposes a €250 million fine on Google for illicit use of media content in AI services, stirring debates on intellectual property rights.
Ripple Rolls Out On-Demand Liquidity Solutions in Sweden and France
To render seamless and real-time cross-border payments, Ripple, a leader in blockchain and crypto enterprise solutions, has established On-Demand Liquidity (ODL) solutions in France and Sweden.
Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations
Binance Tax is offered to Binance.com customers in France and Canada, with more territories to come.
Coinbase Bolsters Advisory Board with Security Experts
Coinbase has enlisted four national security experts to its Global Advisory Council, including former U.S. Secretary of Defense Mark Esper, former U.S. Representative Stephanie Murphy, Counterterrorism Advisor Frances Townsend, and strategist David Urban.
French Football Star Mbappe Seeks out Crypto Scammers Trying to Score off The PSG Striker's Reputation
Kylian Mbappe PSG star launches lawsuit over Bitcoin scammers who are allegedly using his name and image to convince investors to buy-in.
EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto
The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.
Customers Trust in Banks More than in Crypto, France Central Bank Governor Says
Bank of France Governor Francois Villeroy de Galhau has expressed his view that the current extreme volatility facing the crypto market has made consumers lose trust in cryptocurrencies.
The French Army Validates its Judicial Expenses via Tezos Blockchain
The French Army has revealed that it has been using the Tezos Blockchain to authenticate its judicial expenses through a smart contract. This development makes Tezos the first blockchain to be used for operative intentions by a public entity.
Bank of France Conducts CBDC Test to Settle Listed Securities
The French central bank has conducted an experiment involving digital MNBC and the settlement of securities.
France’s CBDC Projects to Manage DeFi Liquidity, Settle Tokenized Assets
The Bank of France is currently working on its second stage of experimentation in wholesale central bank digital currency (CBDC).
French Police Arrest 29 People for Financing Syrian Islamist Terrorists Using Bitcoin Coupons
French police have apprehended 29 individuals suspected of funding Islamist extremists in Syria using cryptocurrencies.
Crypto Giant Binance Obtains First Global Regulatory Approval Operation from French
Binance, one of the leading cryptocurrencies exchange, has been approved by the French regulatory agency, the first country to allow the exchange to legally operate trading globally.
French Central Bank Succeeds in CBDC Experiment in the Issuance of a Government Bond
The Banque de France or Bank of France, the central bank of France, has prospered in undertaking an experiment on using a central bank digital currency (CBDC) to issue a French government bond.
Crypto.com Injects $150M for its New France Ecosystem Development
Crypto.com to inject the sum of $150 million as it looks to build out its headquarters in France
French Finance Minister Praises Blockchain, but Condemns Cryptocurrency
French Finance Minister Bruno Le Maire has once again made his stance on crypto clear – he is critical of it and does not support it.
Binance Launches In-Store Crypto Payment Solution with Ingenico
In Q2 2023, a crypto-to-fiat solution for fiat payments will pilot for retailers.
France & Switzerland Central Banks Succeed Pilot CBDC Trials in Conjunction with BIS
The trio of the Central Banks of France, Switzerland, and the Bank of International Settlements (BIS) has successfully conducted a wholesale Central Bank Digital Currency (wCBDC) trial involving both country’s fiat notes.
Binance to Step up Investment in France by up to $113M
Binance is cooperating with the French financial technology industry group to invest 100 million euros, which equals $113 million to support the development of the French blockchain industry and cryptocurrency.
France and Switzerland Launches Cross-Border Central Bank Digital Currency Trials
The Central Bank of France and Switzerland have launched a joint cross-border CBDC trial.
5200 Vendors Now Accept Bitcoin Payments For Tobacco Purchases
Keplerk, a French-based cryptocurrency startup has relaunched it's Bitcoin for tobacco service in as much as 5200 outlets across France starting from October 10th.
Paris Blockchain Week Summit Announces Its 2020 Speaker Lineup
Paris, France - January 16th, 2020 - Paris Blockchain Week Summit (PBWS), the first international conference held in France dedicated to professionals in the blockchain and crypto-assets space, has announced the primary speaker lineup for its upcoming event on March 31 - April 1, 2020.
Bruno Le Maire Insists He Cannot Support Facebook’s Libra
Since the social media giant, Facebook announced its plan to launch its digital currency known Libra, one critic has repeatedly made his opinion known. Bruno Le Maire cannot and will not support the stablecoin project.
Bitcoin Gets Integrated into the French Education Curriculum
The French education ministry has outlined the integration of Bitcoin into the curriculum, as it noted that cryptocurrency would be used to assist students in comprehending the characteristics of money.
European Central Bank Plans to Take the Lead on Stablecoins
European Central Bank President Christine Lagarde has urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from central banks in Britain, Canada, and China.
LinkedIn Ranks Blockchain as a Top Skill for 2020
The skills that are in demand follow programming and computer science as key elements, however, sales and marketing in the industry will also follow suit, to advertise and push awareness for the new developing tech shown alongside Blockchain on the in-demand list according to the job and professional networking site LinkedIn.
Five EU Member States Take Position Against Stablecoins
Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region