Tagged: bruno le maire

EU: Markets in Crypto Assets (MiCA) Proposal – Feedback from Industry Insiders

Last week, it was revealed that the decision-makers for the European Union had come to terms on crypto-asset regulation under the Markets in Crypto Assets (MiCA) legislation. The European Commission announced the MiCA proposal on 24 September 2020 as part of a larger digital finance… Read More

Five European Countries Uniting to Stall Libra, Facebook’s Proposed Global Cryptocurrency

Deputy finance ministers from France, Germany, Italy, Spain and the Netherlands have been meeting behind closed doors throughout October to devise a strategy to prevent Facebook from launching its proposed Libra cryptocurrency network among its 2.5 billion users next year. According to four sources to Politico EU,… Read More

French Minister of Economy Says No to Libra. Libra Association’s MD is Unfazed

On September 12, the French Minister of Economy and Finance Bruno Le Maire did not mince words. Libra should not be allowed in Europe, he said. Later, on the same day, Bertrand Perez, the newly appointed managing director and COO of the Libra Association was… Read More

French Minister: Facebook’s Stablecoin Libra Challenges “Monetary Sovereignty” of States, Must Be Blocked

France’s government is reportedly planning to block the ongoing development of Facebook’s controversial stablecoin project, Libra.  French authorities said the launch of the crypto-related Libra initiative must not be permitted in Europe because it challenges the “monetary sovereignty” of states, according to CNBC. The report… Read More

On Eve of Regulated ICOs in France, Minister of the Economy Bruno Le Maire Tweets About Concerns Regarding Facebook’s Libra at G7 Meeting

Bruno Le Maire, the French Minister of the Economy and supporter of cryptocurrency, has been tweeting about virtual currencies today during meetings of the G7 taking place in France. Le Maire has been a vocal supporter of blockchain technology and a strong voice in support… Read More

Paris Shows Off Its Blockchain Ecosystem: Touts the Alignment of Government, Regulation, and Entrepreneurship

From April 13 to April 17, the organizers of the Paris Blockchain Week (PBW) lined up a series of events including meetups, hackathons, a PBW Conference hosted by the Ministry of Economy and Finance, and a two-day PBW Summit organized by Woorton, ChainAccelerator, and Datalents… Read More

France Urges EU To Use its Crypto Sector Regulations as Model

France’s Finance and Economy minister, Bruno Le Maire, has told the EU that it should use rules established by France to govern the region’s cryptocurrency and digital asset sector as inspiration for EU and regional regulations. Le Maire told attendees at a recent “blockchain tech”… Read More

Kriptown to Issue Digital Assets in France, Seeks to Provide Additional Liquidity for Private Equity Investments

France is a country that is seeking a path to enable digital assets. In the past, Bruno Le Maire, the Minister of the Economy and Finance of France, has been fairly outspoken on the topic as he has publicly stated that blockchain is a technical… Read More

France: Decree Moves Securities on Blockchain Forward with Legal Structure

On December 24th, the French Government issued a decree (Décret n°2018-1226 du 24 décembre 2018) outlining the utilization of blockchain for securities. Specifically, for the “use of a shared electronic recording device for the representation and transmission of financial securities and for the issue and sale… Read More

October Rallies €255 Billion Worth of Corporate Support to Promote Crowdlending

October (formerly Lendix), the newly rebranded European SME lending marketplace made a splash today with what is probably the most creative promotional campaign in the history of crowdlending. To date, the October platform has facilitated more than €240 million worth of loans to 500 small… Read More

France is Ready to Lead the Crypto Revolution: French Treasury Department Shares Perspective on PACTE Law, Initial Coin Offerings

France is positioning itself as a jurisdiction of preference for initial coin offerings (ICOs) in Europe. The government is in the midst of finalizing legislation, under the PACTE Law,  that will regulate ICOs. While several other European countries have moved forward with specific legislation designed… Read More

Will Paris Become the Capital of ICOs? French National Assembly Approves Key Framework for Initial Coin Offerings

A Special Commission of the National Assembly in France approved a key framework today in pursuit of bespoke regulation for initial coin offerings (ICOs). This is according to a report in Les Echos that stated “Article 26” was adopted earlier today – part of the… Read More

Russian Politician Floats Deployment of Nuclear Weapons to Syria, Development of Gold-Backed Cryptocurrency as Countermeasures to US Sanctions

A Russian lawmaker, Vladimir Gutenev, told Russian news agency TASS  last week that Russia should consider ‘an asymmetric response’ to US pressure and sanctions, including deployment of nuclear weapons to Syria, suspension of missile non-proliferation treaties and development of a gold-backed cryptocurrency to help Russian… Read More

French Enlightenment: Comments Provide Insight into France’s ICO Aspirations

  Just as North America is drawing a line in the sand, drawing a hard line that defines just about all initial coin offerings as securities, France appears to be heading in a different direction. Organized by the Autorités Des Marchés Financiers (AMF), France launched a consultation… Read More

France Wants to Become the First Major Financial Center to Have a Framework that Facilitates Initial Coin Offerings

Some large countries are blocking initial coin offering, some are observing and others are creating rules by enforcement action, France wants to become “the first major financial center to propose an ad hoc legislative frame work that will allow companies initiating an ICO to demonstrate their seriousness to potential… Read More

France Poised to Become the European Center for Initial Coin Offerings?

While several countries have sought to stomp out crypto-innovation, and others have tried to accomplish rule making by enforcement action, France appears to be ready to embrace the cryptocurrency revolution. According to a report in Les Echos, the most prominent business publication in France, legislators… Read More

Minister of the Economy for France Appoints former Deputy Governor of Banque of France to Investigate Cryptocurrency

In a speech delivered on January 15th at Bercy, Bruno Le Maire, the Minister of Economy and Finance, announced he has appointed Jean-Pierre Landau, former Deputy Governor of the Banque de France, to head a mission investigating cryptocurrencies. Le Maire stated (translated from French); “We want… Read More

Report: France to Allow Blockchain Tech for Securities Transfers

Lost among the national mourning for French icon Johnny Hallyday was the news that France will allow Blockchain technology to be utilized to transfer certain securities. According to a report in Les Echos, distributed ledger technology has been presented to the Council of Ministers and… Read More

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