BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books. Go to Source Powered by WPeMatico
France
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Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages. Go to Source Powered by WPeMatico
Santander, Crédit Agricole asset arm receives French crypto custody license
CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations. Go to Source Powered by WPeMatico
Binance under investigation in France since February 2022: Report
The French arm of Binance is reportedly under investigation by the local authorities on charges of “aggravated money laundering.“ Go to Source Powered by WPeMatico
French financial markets ombudsman reports jump in crypto-related mediations
The Autorité des marchés financiers ombudsman saw mediation requests rise by almost a quarter in a year; the number of digital asset service providers more than doubled in that time. Go to Source Powered by WPeMatico
French lawmakers agree to loosen rules in proposed crypto influencer bill
Previously, the bill restricted influencer marketing to only licensed crypto firms, of which there are currently none in France. Go to Source Powered by WPeMatico
China, France to Deepen Ties Following Meeting of French President Macron and Chinese Leader Xi Jinping
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 President Emmanuel Macron and Chinese President Xi Jinping. China and France to Strengthen Relations State Councilor and Foreign Minister Qin Gang … Read more
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. Go to Source Powered by WPeMatico
French Senate proposal would allow influencers to promote cryptocurrency
The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services. Go to Source Powered by WPeMatico
What’s next for EU’s crypto industry as European Parliament passes MiCA?
What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry? Go to Source Powered by WPeMatico
