Alerts Sign-up
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.
Telegram : Pavel Durov is officially expressing himself for the first time since his custody
BlackRock’s tokenisation push kicked off an $8.9bn frenzy that experts say is accelerating
Ripple USD Stablecoin Could Be Issued in 'Weeks, Not Months': Garlinghouse
Mastercard enables non-custodial crypto spending in new partnership
Wife of ex-federal agent imprisoned in Nigeria: 'he is now reaching the point of no return'
Nvidia Loses $270 Billion In One Day: A Record Drop Shakes The Global Tech Market.
Telegram would own several hundred million dollars in cryptocurrencies
Bitcoin Posts Negligible Bounce, but Extreme Fear Suggests Larger Rebound in Store
WazirX Hacker Starts to Move Stolen Ether Using Tornado Cash
Elon Musk’s xAI Colossus goes online — and it really is colossal
Bitfarms mines 233 BTC in August as Riot pens open letter in takeover saga
Surfin' Bitcoin 2024 : Everything you missed at the biggest Bitcoin conference in France
Russia Is About to Try Using Crypto to Get Around Sanctions
Bitcoin as legal tender? Mixed results for Nayib Bukele, the president of El Salvador
France’s Telegram blunder means Europe will hunt for Satoshi next
Bitcoin Slips Back to $58K in Continued Desultory Action, but Next Week Could Offer Upside Excitement
Sony lance officiellement le testnet public de Soneium, son propre layer 2 basé sur Ethereum
France Charges Telegram's Pavel Durov, Sets Bail at €5 Million – Bitcoin News
Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy
From Richard Teng, Binance CEO: Tigran’s Deteriorating Condition After 6 Months of Unjust Detention
UK’s crypto dreams stall as registrations with financial regulator remain low
Concerns grow over Binance executive’s health during detention in Nigeria
Vitalik attacks DeFi and millions come out of’Ethereum
Telegram CEO's arrest tied to cybercrime investigation of unauthorized 'cryptology' services, say French authorities
‘My Living Nightmare’: Detained Binance Exec’s Wife Begs for His Immediate Release
Bitcoin, Binance, Ethereum, Solana, and Ripple: The Biggest Crypto News of the Past Week
Crypto: Ethereum ETFs are experiencing a record series of outflows!
Salvador: 80,000 civil servants trained in Bitcoin – A visionary initiative or a risky bet ?
The Fed is ready to cut interest rates â what that means for crypto
Binance Launches Mobile Money Feature for Crypto Transactions in Africa – Exchanges Bitcoin News
French digital assets org. to Secretary of State for Digital Affairs: 'We share your ambition' to balance 'promoting innovation and protecting consumers'
Adan President and CEO Faustine Fleuret (left) and Marina Ferrari, France's Secretary of State for Digital Affairs | LinkedIn/faustine-fleuret, X/FerrariMarina73
Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
"Submission of the report 'Web3 and crypto in France and Europe' to the Secretary of State for Digital @FerrariMarina73 this morning, at the Ministry of the Economy and Finance," said Adan, according to his post on X. "Thank you Madam Minister for your encouraging words for the sector and for the actions you wish to take in the months to come. We share your ambition: the balance between promoting innovation and protecting consumers through appropriate standards will make it possible to best support our talent pool towards the development of real champions of international stature. We also support the priority areas of Government action mentioned, and in particular the imperative to unlock financing for the industry at all stages of maturity."
According to Adan, the report includes the results of its third annual survey on Web3 and digital assets in France and Europe. The survey was conducted in partnership with KPMG and the Ipsos polling institute. It revealed that 12% of France's population, or 6.5 million individuals, currently own digital assets, marking an increase from 9.6% the previous year. The survey also found that slightly less than 25% of respondents who do not own digital assets said they would consider acquiring them in the future. Adan referred to this as an "important source of adoption for the next few years." The survey also highlighted that 24% of French crypto investors are between the ages of 18 and 24, while 57% are younger than 35.
Adan's report also pointed out similar rates of crypto adoption in other European countries such as the Netherlands (17%), the United Kingdom (16%), Germany (12%), and Italy (11%). These results were based on responses from 2,001 French participants and approximately 1,000 respondents each from Germany, the United Kingdom, Italy, and the Netherlands.
Adan was launched in Paris by eleven French digital asset and blockchain professionals in January 2020. According to information on its website, original stakeholders included Ledger, Kaiko, ARK Ecosystem, and ConsenSys France. Adan stated that while France already had "one of the best adapted and most innovative legal frameworks in the world for the development of activities related to digital assets," the creation of Adan would help France remain competitive with other countries in the digital asset space.
More News
BBVA announced it is expanding its cryptocurrency custody and trading services to include USD Coin (USDC). This addition will benefit the bank’s institutional and individual account holders in Switzerland.
Alpha Architect announced Larry Swedroe's insights on the impact of spreading volatility in private investments. The research shows that private equity's infrequent valuations can smooth returns, leading to underestimated risks and over-allocation.
The European Crypto Initiative (EUCI), a blockchain advocacy group, said that the MiCA Regulation aims to create a harmonized regulatory framework for crypto-assets. EUCI shared their statement on a September 6th post on X.
The European Crypto Initiative (EUCI), a European blockchain advocacy group, stated that the Markets in Crypto-Assets (MiCA) regulations are poised to bring significant changes to the crypto world within the European Union. EUCI shared their statement on September 4 via a post on X.
Dimitrios Psarrakis, a former EU economist, stated that U.S. lawmakers are attempting to align with the EU's crypto regulations as established by the Markets in Crypto-Assets legislation. Psarrakis shared his statement in an August 26 video posted by the European Crypto Initiative on X.
Kaiko, a Paris-based crypto market data provider, reported that the stablecoin FDUSD saw a "notable" increase in its market share on Binance, the largest crypto exchange in the world by trading volume, at the end of July. Kaiko shared this statement in an August 19 post on its website.
Trending
