The central bank of France plans to pilot a central bank digital currency for financial institutions by the end of the first quarter of 2020.
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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Bitcoin artist “Bnoiit.c” has created an Ethereum-based virtual museum that ensures censored artworks are immutably preserved for an online audience.
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The first deputy governor of the French central bank has called for distributed ledger technology-based settlements and payment systems in Europe.
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French law enforcement’s cybercrime unit has validated judicial expenses incurred during investigations on the Tezos blockchain.
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Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of infant formula.
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by Helen Partz
Pundi X has integrated its XPOS gateway into Ingenico’s mobile portable POS solution APOS A8 to allow payments via Android.
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In a post revealing Foodgates, its new blockchain food tracking system, VeChain said it would directly benefit from Chinese pro-blockchain sentiment.
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by Joeri Cant
The French education ministry has introduced a module to its high school curriculum that covers Bitcoin and cryptocurrencies.
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by Helen Partz
Five European Union member countries are purportedly creating a unified front against the issuance of Facebook’s proposed Libra stablecoin.
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Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels.
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A Financial Times opinion piece continues Bruno Le Maire’s harsh criticism of Facebook’s unlaunched digital currency, Libra.
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by Joeri Cant
The deputy governor of Banque de France said that central banks really only have three available options to address cryptocurrencies: ignore, ban or adopt.
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by Helen Partz
French crypto startup Keplerk resumed its service to accept Bitcoin payments in over 5,200 tobacco shops in France.
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Bpifrance is one of the three major backers of Bitcoin’s Lightning Network implementation developer ACINQ.
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