Alerts Sign-up
News from April 2024
The Association for the Development of Digital Assets (Adan), a France-based organization comprised of Web3 professionals, has released a new report titled "Web3 and Crypto in France and Europe." The report was submitted to Marina Ferrari, the country's Secretary of State for Digital Affairs, according to a statement Adan shared in a March 19 post.
French President Emmanuel Macron has declared that through its investments, France is evolving into "a country at the forefront of AI." He shared this statement in a post on March 13.
Steve Christie, the Deputy Chief Compliance Officer for Binance, announced that the cryptocurrency exchange is joining the Global Travel Rule (GTR) Alliance to fortify its "international compliance efforts." Christie disclosed this information in a March 26 post on Binance's website.
David Princay, the president of Binance France, has announced that the newly established League for Web3 Security is "an important step to guarantee the security of French users." Princay shared his statement in an April 8 post on X.
Leo Schwartz, the author of Fortune Crypto's Proof of State newsletter, has stated that Binance CEO Richard Teng views the appointment of a compliance monitor as a "competitive advantage". According to Schwartz, this move demonstrates the company's willingness to comply with regulations. He shared these insights in his April 10 newsletter.
Binance CEO Richard Teng has affirmed that Binance's commitments extend "beyond mere compliance" and demonstrate "a willingness to adhere to all regulations." Teng voiced this statement during Paris Blockchain Week on April 9.
Nicholas Anthony, a policy analyst at the Cato Institute's Center for Monetary and Financial Alternatives, has stated that if the Nigerian government had refrained from implementing "on‐again, off‐again price controls," they might not be blaming the cryptocurrency exchange Binance "for the naira’s latest crash." Anthony shared these insights on April 11 in a commentary posted on the Cato Institute's website titled "Nigeria’s Government Is Blaming Binance for Its Own Mismanagement."
Binance Academy announced they had partnered with educational institutions in Europe to create a series of paid university accredited courses on blockchain and Web3 topics.
Faustine Fleuret, president of the Association for the Development of Web 3 Professionals president, has stated that an increasing number of French citizens are embracing cryptocurrencies. According to her, these individuals are using digital assets as a means to "diversify their savings" and to "gain access to decentralised finance." Fleuret shared these insights with Crypto Republique via email on April 18.
Faustine Fleuret, president of the Association for the Development of Digital Assets (Adan), has highlighted the role of French public leaders and policymakers in driving cryptocurrency adoption among the French population. "The support provided by French public leaders and policymakers," she said, is contributing to an "accelerated adoption" of cryptocurrency. Fleuret shared these insights with Crypto Republique via email on April 18.
Faustine Fleuret, president of the Association for the Development of Digital Assets (Adan), has stated that the French government's support for the crypto and Web3 industries "must be maintained" as these sectors work to overcome "major deadlocks." This statement was shared with Crypto Republique via an email dated April 18.
Changpeng Zhao, known as CZ, the co-founder and former CEO of Binance, the world's largest cryptocurrency exchange by trading volume, has expressed his regret and accepted "full responsibility" for failing to implement adequate anti-money laundering controls at Binance. This failure has led to a criminal charge against him. CZ conveyed his sentiments in a court document filed on April 23, ahead of his sentencing scheduled for April 30.
Patrick Hansen, the Senior Director of European Union (EU) Strategy and Policy at Circle, a cryptocurrency payments platform, stated that France is the "crypto powerhouse" of the EU. He attributed this status to a robust developer community and governmental support. Hansen made these remarks in an April 12 post on X.