Quantcast
Trump's US-Propelled Crypto Adoption – Will France Follow?
MicroStrategy Upsizes Debt Offering to $2.6B; Breaks Into Top 100 U.S. Public Companies by Market Cap
Bitcoin on November 20 – BTC dominates the crypto market in this bull run
BIS study questions decentralization in DeFi liquidity provision
Bitcoin surges to record high near $95,000
Polish Presidential Candidate Bullish on Bitcoin – Following in Donald Trump’s Footsteps?
Cryptocurrencies: Goldman Sachs will dedicate its blockchain to institutional trading
Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for $4.6B
Speculation looms over SEC leadership under Trump as rhetoric escalates
Outlier Ventures CCO: 'Fundamental crypto general-purpose technology' in off-chain sectors is 'interesting'
Bank of Russia revokes license of Corporate Finance Bank LLC
MANTRA CEO: 'We're obviously meant to be relatively agnostic' as a 'layer one blockchain'
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Chainalysis CRO: 'I think TradFi is coming to the blockchain'
KYC, filtering, and sanctions: the European Banking Authority wants to toughen crypto regulation
Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF
Gary Gensler's days at the SEC are numbered – His letter suggests his resignationGary Gensler's days at the SEC are numbered – His letter suggests his resignation
Visa launches tokenized asset platform to bridge fiat and blockchain
DFF CEO: 'There needs to be more collaboration, more unity between nations'
Bitcoin: BTC surpasses $92,000, on the way to $100,000?
BlackRock Expands Tokenized Fund BUIDL Beyond Ethereum to 5 New Blockchains
Donald Trump Places Elon Musk in Government Position – What Impact on Dogecoin (DOGE)?
Dogecoin Flips XRP as Elon Musk-Linked Trade Keeps on Giving
Elon Musk revives the idea of dismantling the Federal Reserve (Fed): A call to Bitcoin supporters?
Bitcoin offers almost a new ATH per day – 100,000$ by January?
Dubai real estate policy director: We aim to grow 'real estate transactions' to '1 trillion dirhams'
Nansen CEO: 'We believe that every asset will be tokenized'
Bitcoin tops $89,000 as crypto euphoria over Trump win shows no sign of waning
Ethereum deploys nearly $500M to ecosystem projects in 2022–23: Report
BlackRock Bitcoin ETF (IBIT) records record $1.1 billion in admissions

Circle policy director: 'France has become the crypto powerhouse of the EU'

Webp hansen
Patrick Hansen, Senior Director of EU Strategy and Policy at Circle | LinkedIn/patrickghansen

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.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

"France has become the crypto powerhouse of the EU," said Hansen, according to his post on X. "After a week in Paris for our @circle Forum and Paris Blockchain Week, this seems clearer to me than ever. The developer community is thriving and creating lots of successful crypto entrepreneurs. The political administration is very supportive by creating regulatory clarity and by treating this technology as a huge economic opportunity."

According to the post, Hansen's comments were made following Circle's participation in Paris Blockchain Week. This annual conference focuses on blockchain and digital asset industries. Circle also hosted its second annual Circle Forum Paris, where industry leaders and government officials convened. Among them was Marina Ferrari, the French Secretary of State for Digital Affairs. They discussed the Markets in Crypto-Assets (MiCA) regulations enacted by the EU. Hansen observed that the crypto ecosystem in France continues to expand with substantial financing for startups and over 100 registered Digital Asset Service Providers (DASP). "That's why we are more confident than ever in our decision to make France our EU & MiCA regulatory headquarter," said Hansen.

A post reported that over 9,000 individuals attended Paris Blockchain Week 2024, marking its fifth annual edition. Jeremy Allaire, co-founder and CEO of Circle, was among the featured speakers at the event. Other industry leaders present included Binance CEO Richard Teng, Stellar Foundation CEO Denelle Dixon, and Ripple CEO Brad Garlinghouse.

Talos reported that during the conference, Ferrari urged traditional financial institutions and partners in regulatory and investment sectors to collaborate with Web3 companies. She believes this will help France maintain its leadership position in financial innovation. "I'm calling on you to join forces so that we don't lose our lead in financial innovation," Ferrari said. A panel discussion at the conference saw agreement from both private and public sector participants on the need for increased collaboration as MiCA moves towards implementation.

Hansen's LinkedIn profile reveals that, in addition to his role at Circle, he serves as a member of the EU Blockchain Observatory and Forum panel. His previous roles include serving as a crypto venture advisor for Presight Capital, and he is also a certified blockchain developer.

Organizations Included in this History
More News

On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

Nov 22, 2024

The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

Nov 22, 2024

OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

Nov 20, 2024

On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

Nov 20, 2024

On November 6, the UK government issued an updated version of the Property (Digital Assets Etc.) Bill, clarifying its approach to defining digital assets, including crypto tokens, as recognized property under English law. The update aims to provide greater security and clarity for individuals and businesses engaging with digital assets.

Nov 20, 2024

Matt Law, Chief Commercial Officer at Outlier Ventures, said that it would not "surprise" him if many people embrace "more efficient," cost-effective systems like tokenization to gain the "same user benefit."

Nov 16, 2024