By CCN Markets: Facebook’s cryptocurrency Libra seems to have unsettled governments everywhere. The governor of Banque de France, Francois Villeroy de Galhau, is the latest to announce reactionary measures designed to contain the digital currency. Task Force to Develop Crypto Regulations According to Reuters, Villeroy de Galhau has revealed that France is forming a task force drawn from G7 member countries. The responsibility of the task force will be to ensure cryptocurrencies such as Libra are properly regulated: “We want to combine being open to innovation with firmness on regulation. This is in everyone’s interest.” The task force will be
The French government has adopted a financial sector bill that establishes a legal framework for cryptocurrency service providers and initial coin offerings. The bill includes both optional and mandatory licensing, and also specifies the types of funds that can invest in crypto assets.
Gathering Storm, the second expansion for Civilization 6, is set to bring a number of new gameplay dynamics, in addition to 9 new leaders and 8 new civilizations. Phoenecia, Sweden, Mali, Hungary, Inca, Canada, the Māori, and the Ottoman Empire have all been confirmed as new civilizations. This week, Take-Two (TTWO) revealed the last new leader is Eleanor, the duchess of Aquitaine. Eleanor was unique in history as […]
Two pro-crypto members of the French Parliament (Parlement français) want the country to invest up to 500 million euros in blockchain programs to elevate France as a “blockchain nation.” Deputies Jean-Michel Mis and Laure de La Raudière released a report on Dec. 12 outlining 20 proposals to support the development and mainstream adoption of blockchain,
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Makaveli Lindén, the primary suspect in the gruesome murder of 24-year-old Norwegian bitcoin investor Heikki Bjørklund Paltto, is in police custody following a successful international manhunt. Swedish news outlet Aftonbladet reports that Oslo police have confirmed that Lindén, 20, has been captured more than a week after he allegedly stabbed Paltto to death in the
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In recent news pertaining to cryptocurrency regulations, French lawmakers are considering a proposed amendment that would introduce a regulatory framework for crypto-asset intermediaries; the U.S. Securities and Exchange Commission (SEC) has announced October 26th as the deadline for the submission of public comments relating to the nine exchange-traded funds (ETFs) it recently rejected; and a U.S Commodity Futures Trading Commission (CFTC) cryptocurrency subcommittee has sparked debate surrounding self-regulation in the cryptocurrency industries.
France Contemplates Regulations for Crypto-asset intermediaries
France is contemplating introducing legislation that would enforce a regulatory framework specifically governing the operations of crypto-asset intermediaries.
With the release of Bitcoin’s whitepaper approaching its 10 year anniversary on October 31, artists from around the world are celebrating by hosting an art exhibition in France. Open to the public on September 28, the Bitcoin Art (r)evolution exhibit runs until 8 October 5 in Paris, a city known for being the “City of Art”
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The French office of the United Nations Children’s Fund (UNICEF) has started accepting donations in 9 of the most popular cryptocurrencies, including bitcoin cash (BCH) and bitcoin core (BTC). The announcement comes after earlier this year the UN agency launched several other crypto-related initiatives.
UNICEF Accepts Crypto Donations in France
UNICEF France has announced it’s now accepting donations in 9 cryptocurrencies, according to a press release published by French media. The local office of the organization collects contributions in some of the most widely known digital coins, including bitcoin cash (BCH), bitcoin core (BTC), ethereum (ETH), litecoin (LTC), ripple (XRP), eos (EOS), monero (XMR), dash (DASH), and stellar (XLM).
Whatever one thinks of ‘babies are dying from lack of bitcoin’ comments attributed to a certain cryptocurrency evangelist, you are now no longer limited to fiat currencies if you want to assist needy children. This follows an announcement by UNICEF France that it is now taking donations in cryptocurrencies. Driven by the need to expand
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Chain Accelerator has launched in France. It is the first startup acceleratordedicated to the blockchain that can call Europe its home. Among the organization’s chief operators are Hyperloop Transportation Technologies chairman Bibop G. Gresta, former SWIFT CEO Leonard Schrank, and Ledger president Pascal Gauthier.
The company will assist startups with initial coin offerings (ICOs), business development plans, marketing and public relations.
France’s financial markets authority AMF has created its own blacklist of cryptocurrency websites, which unlawfully target French investors.
Yesterday, France’s financial market authority AMF published its list of 15 websites, which unlawfully ask individuals in the European country to invest in cryptocurrencies and digital assets. Additionally, the AMF has reminded potential investors that digital-currency-related businesses are subject to Sapin II law and that the following websites listed are not compliant.
The AMF names the following websites on its black list:
Countries across the world remain divided over the cryptocurrency revolution that has emerged over the past year. Some, such as China, strive to eradicate all instances of it, but others, including Switzerland, are embracing the blockchain with open arms.
Ahead of a potential crypto G20 summit which could result in a wave of regulatory action, Switzerland has emerged in full support of the technology as voiced via Economics Minister Johann Schneider-Ammann.
The affluent municipality of Zug has become the home for numerous blockchain companies, including the Ethereum Foundation, according to reports. A translation from an address given by the minister indicates willingness for expansion from this hub of blockchain tech to the rest of the country: