France


Policy

France's Markets Regulator Backs Global Rules for DeFi

The AMF wants industry stakeholders to contribute to a discussion about its views on supervising DeFi, DAOs and associated risks.

The Financial Markets Authority in Paris, France (Jack Schickler/CoinDesk)

Videos

Binance Under Investigation in France for 'Aggravated' Money Laundering

Crypto exchange Binance's French unit is under investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering," according to the Paris public prosecutor's office. Separately, Binance is leaving the Netherlands, after failing to persuade the Dutch regulator to issue a virtual asset service provider (VASP) license, which attests that it meets anti-money laundering (AML) guidelines. "The Hash" panel breaks down the latest developments.

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Videos

BlackRock's iShares Files Paperwork for Spot Bitcoin ETF; Binance Global Fallout

The iShares unit of fund management giant BlackRock (BLK) filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin (BTC) ETF. Separately, Binance's French unit undergoes investigation by local authorities for potential money laundering. The exchange is also leaving the Netherlands after failing to acquire a license from the Dutch regulator. "First Mover" hosts weigh in.

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Policy

Binance Under Investigation in France for 'Aggravated' Money Laundering

Binance is suspected of illegally providing digital asset services to local customers, and implementing poor money laundering checks, the Paris public prosecutor told CoinDesk.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Policy

French Lawmakers Strike Softer Deal on Crypto Influencer Law

A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears.

The French Senate favors lighter restrictions on crypto influencers (jlxp/Pixabay)

Web3

Sorare Carves Out Unique Entry Method for France Due to NFT Regulations

The Web3 fantasy sports game is collaborating with the French National Gaming Authority to create a framework for France-based players who face a tighter regulatory regime.

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Finance

Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People

OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval.

The Financial Markets Authority in Paris, France (Jack Schickler/CoinDesk)

Videos

French Regulator Says Fleeing U.S. Crypto Firms ‘Welcome’

100-odd crypto companies fleeing U.S. regulatory uncertainty are "welcome" in France and could be registered in the country as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said. "The Hash" panel discusses what this means for the global crypto industry.

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Policy

Allow Influencers to Promote Registered Crypto Firms, French Senators Say

Lawmakers in the French National Assembly are seeking to effectively ban social media crypto promotions, but a key Senate committee appears to favor lighter restrictions.

The French Senate favors lighter restrictions on crypto influencers (jlxp/Pixabay)

Markets

First Mover Americas: Bitcoin Starts Work Week in the Red

The latest price moves in crypto markets in context for April 24, 2023.

(Andriy Onufriyenko/GettyImages)