Cannes, the French city famous for hosting the Cannes Film Festival, is said to be a top tourist destination for festivals and events.
France News
France, officially the French Republic, is a transcontinental state which has territories on several continents. The country is developed and takes one of the leading roles in industrial production. In terms of total economic volume, France is second after Germany in European Union and is the sixth in the world. In terms of cryptocurrency in France, the news is all about reducing taxes on virtual currencies. In France, the government has shown a position of support and the next step is going to be the creation of legal regulations to protect investors and users and to gain benefits for their national economy. Currently, a lot of participation in the cryptocurrency market in France relies on the policy of the president.
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The OCCRP reports Bankera’s founders channeled around half of the $114 million the firm raised in its 2018 ICO to a Vanuatu bank to buy real estate in France and Lithuania.
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Telegram would rather exit markets like France than allow encryption backdoors to private user messages, Telegram CEO Pavel Durov said.
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Bpifrance is planning to buy tokens to support local crypto and blockchain projects, including those involved in decentralized finance, staking, tokenization and AI.
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Free speech advocates and crypto community members have voiced concern over what Durov’s case means in a wider context.
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French authorities reportedly suspended judicial control in relation to Telegram founder Pavel Durov from March 15 to April 7.
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The group reiterated its commitment to freedom of speech and promoting privacy-enhancing technologies that empower the individual.
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Neither Durov nor his legal team have issued a public statement regarding the move.
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Bybit was removed from France’s AMF blacklist and now seeks a MiCA license for the EU, while still facing regulatory challenges in India and Malaysia.
3179 - How to
Explore the safest ways to buy Bitcoin in Germany and France, and learn the best ways to store it.
2289 - Newsletter
Binance is caught in regulatory crosshairs in France, while KuCoin reaches a $300 million settlement with the US Department of Justice.
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The Paris Public Prosecutor’s Office reportedly launched a probe into the crypto exchange’s activities between 2019 and 2024.
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BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge.
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The OECD’s policy paper highlights AI’s potential to reshape G7 tourism, enhancing sustainability and visitor experiences while addressing risks.
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Bybit will cease withdrawal and custody services for French users by Jan. 8, 2025, amid increased regulatory pressures.
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