Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says
100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said Source
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China, France to Deepen Ties Following Meeting of French President Macron and Chinese Leader Xi Jinping – Economics Bitcoin News
Chinese and French foreign ministers have expressed readiness to strengthen cooperation and pursue a “close and enduring comprehensive strategic partnership,” according to China’s Ministry of Foreign Affairs. This followed a “successful” meeting between French President Emmanuel Macron and Chinese President Xi Jinping. China and France to Strengthen Relations State Councilor and Foreign
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French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin – Regulation Bitcoin News
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto trader
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French senate advances legislation allowing social media influencers to advertise cryptocurrency
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Committee on Economic Affairs in the French Senate has approved an amendment to pending legislation that will permit registered cryptocurrency companies to enlist social media influencers for promotional and advertising purposes. The new wording would enable
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French Senate proposal would allow influencers to promote cryptocurrency
The French Senate’s Committee on Economic Affairs recently approved an amendment to pending legislation allowing registered cryptocurrency companies to hire social media influencers for advertising and promotional purposes.According to a translation of the amendment provided by Bing, the new wording would allow companies that are registered with France’s Financial Markets
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Allow Influencers to Promote Registered Crypto Firms, French Senators Say
Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions Source
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French Regulator Floats 'Fast-Track' Registration for Incumbents as MiCA Rules Bed in
EU countries are making the transition to a tough new crypto regime set by Brussels. Source
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French Central Bank Puts Its Suggestions for DeFi Regulation
The French central bank seeks to address the regulations for DeFi and stablecoins which go unattended in the pan-European MiCA regulations. On Thursday, April 11, the French Economy Ministry and the Banque de France published a consultation published two consultation papers individually to discuss European crypto asset regulation as well
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French central bank looks at certification, incorporation as part of DeFi regulation
The Banque de France has contributed to the discussion of European crypto asset regulation with a close examination of decentralized finance (DeFi) and potential approaches to its regulation. The discussion is timely, given the growing use of tokenization in finance and the introduction of blockchain technology in many economic sectors,
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DeFi Could Be Forced to Incorporate and Certify, French Central Bank Says
As one option, “players exercising effective control over sensitive services could be required to incorporate, becoming subject to supervision,” added the paper, which also “proposes to strengthen the security of smart contracts using a certification mechanism” covering code security and governance. Source
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