Binance France Reportedly Struggles to Find Banking Partner
After losing its euro banking partner, Paysafe, Binance France has suggested that its customers promptly convert all fiat currency on the exchange into cryptocurrency, for lack of an immediate banking partner. The partnership between Paysafe and Binance France ended on September 25. The latter provided infrastructure for euro deposits and withdrawals via SEPA bank transactions […]
France Launches Certificate for Finance Influencers
In response to the present pressure on finance influencers also called “finfluencers” who promote investment products and crypto on their blogs, France is moving toward requiring them to obtain non-obligatory Responsible Influence Certificate. As disclosed on September 7th, two French regulatory agencies, the Autorité des Marchés Financiers and the Autorité de Régulation Professionnelle de la […]
France to Integrate MiCA Rules into its Crypto Licensing Regime
France’s current cryptocurrency regulations will be amended to match the pan-European rules set by the Markets in Crypto Assets Act (MiCA). The new regulations will become obligatory by January 1, 2024, for obtaining crypto licenses by DASPs. Due to the “enhanced” registration, the Autorité des marchés financiers (AMF), France’s primary financial authority, announced the provisions […]
Worldcoin Being Probed by French Privacy Regulator
Worldcoin, a recently established biometrics project, is off to a difficult start because French authorities are looking into it. According to reports, French regulators are looking into Worldcoin (WLD), a platform for digital identification led by ChatGPT co-founder Sam Altman. The investigation occurs as worries about the acquisition of biometric data by the WLD initiative […]
Societe Generale Obtains France’s First Crypto Licence
French bank Societe Generale has become France’s first company to obtain a crypto services license. The provider will be granted the right to custody of the digital assets and the ability to buy, sell, and exchange them for real money. On July 19, the Autorité des Marchés Financiers (AMF), France’s stock market regulator, updated its […]