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French Lawmakers Strike Softer Deal on Crypto Influencer Law
25.5.2023
A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears
US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC
19.5.2023
US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.
Republican Rep. French Hill of Arkansas and Democratic Rep. Jake Auchincloss of Massachusetts introduced the bill this week, dubbed the Power of...
Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says
17.5.2023
100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said
China, France to Deepen Ties Following Meeting of French President Macron and Chinese Leader Xi Jinping
15.5.2023
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...
Report: French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin
12.5.2023
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...
French Senators Propose Allowing Influencers to Promote Registered Crypto Firms
4.5.2023
The French Senate’s Committee on Economic Affairs has proposed a new law allowing social media influencers to promote cryptocurrency on their platforms.
If approved, the proposal would significantly shift how these influencers market and advertise digital currencies in France.
Surprisingly,...
Jailed French Crypto ‘Fraudster’ Loses Appeal in Morocco
4.5.2023
A French crypto “fraudster” has had his jail sentence upheld in Morocco – after a court found him guilty of using Bitcoin (BTC) to buy luxury goods.
Per the French media outlet BFMTV, the man’s name is Thomas Clausi (21).
Clausi, a native of Moselle in eastern France, was originally jailed...
French Senate proposal would allow influencers to promote cryptocurrency
3.5.2023
The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services
Allow Influencers to Promote Registered Crypto Firms, French Senators Say
3.5.2023
Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions
People Aren’t Buying McDonald's Fries Because The Economy Sucks
28.4.2023
During a Tuesday earnings call, the bigwigs over at the clown delicatessen, McDonald’s, discussed super important business-y things like the economy and trends among its hungry patrons. Turns out Ronald McDonald’s peckish customers are even bigger ballers on a budget than they’ve been in the past...
French Crypto Traders Declared $442 Million Worth of Profits in Recent Tax Year – Here's the Latest
27.4.2023
French taxpayers declared some $442 million worth of crypto trading profits in the most recent tax year, per the nation’s tax body.
Per Le Figaro, the figure was “substantial,” but was “10 times lower than the estimates of the gains made in 2021.”
The body made its claim based on the number...
French Regulator Floats 'Fast-Track' Registration for Incumbents as MiCA Rules Bed in
24.4.2023
EU countries are making the transition to a tough new crypto regime set by Brussels
One in 10 French People Own Crypto, Study Finds – Is Adoption Increasing?
20.4.2023
Ten percent of French people own cryptoassets and crypto awareness is also on the rise, a new study has found.
Per BFM TV, the study was conducted by the Association for the Development of Digital Assets (Adan) and the French branch of the accountancy giant KPMG.
The parties carried out a similar...
French President Emmanuel Macron on Taiwan: ‘Being an Ally Does Not Mean Being a Vassal’
15.4.2023
French president Emmanuel Macron has decided to double down on his strategic autonomy policy thesis, declaring that Europe should not be forced to side with Beijing or Washington on Taiwan. Macron declared that being a U.S. ally ‘does not mean being a vassal’ in a state visit...
French central bank looks at certification, incorporation as part of DeFi regulation
11.4.2023
The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions
DeFi Could Be Forced to Incorporate and Certify, French Central Bank Says
11.4.2023
Regulators are seeking to extend EU laws to cover more diffuse and decentralized structures
French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’
10.4.2023
Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in a conflict between the U.S. and China, and reduce...
UK uses Love Island star to warn finfluencers on crypto and investment schemes
7.4.2023
The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law
China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase
31.3.2023
China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural...
French Crypto Influencer Ban Will Harm Country’s Attractiveness, Industry Group Says
30.3.2023
Proposals to stop social media stars promoting unlicensed companies were approved by the National Assembly Thursday