Alerts Sign-up
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.
Coinbase adds Solana cbBTC support as Bitcoin-backed token race heats up
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
He used his clients' cryptos to buy luxury cars – A scammer sentenced to pay 36 million dollars
Ethereum transaction fees surge even as active accounts fall to year-to-date lows
MultiversX co-founder: 'talking to incredible people about the next big things in Web3' at Token 2049
Rising crypto litigation – L’AMF adds multiple entities to its blacklist
Crypto Exchange BingX Hacked, Onchain Data Shows Over $43M Drained
The first stablecoin in euro compliant with the MiCA law is launched on Cosmos
SG-FORGE chooses Solana for its stablecoin
Binance announces speaker lineup for Blockchain Dubai 2024
German authorities shut down 47 exchanges, some using crypto, to facilitate money laundering
Layer-2 Meme Coin Pepe Unchained Hits $13.5M in Presale, Analyst Says it’s the Next Crypto to Explode – Branded Spotlight Bitcoin News
The Revolut Neobank would be about to issue its own stablecoin
Mark Cuban wants to buy X from Elon Musk. There’s just one problem
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
The Fed Could Cause A Massive Increase In Bitcoin!
Binance gives Vietnam users impacted by Typhoon Yagi $50 worth of BNB
Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters
Coinbase accused of manipulating the price of Bitcoin, its CEO denies – Unfounded rumor or reality ?
Trump to unveil World Liberty Financial today. Hereâs everything to know about the DeFi project
Binance responds to growing Clipper malware crisis with blacklist and safety measures
World Liberty Financial: we know the launch date of the crypto project carried by Donald Trump and his sons
The ECB Opens The Credit Floodgates A Little More
L’adoption is going faster than expected – Almost 1 in 5 French (18%) owns cryptos
Consumer protection watchdog warns about Tether's reserves
World Liberty, Crypto Project Helmed by Donald Trump's Family, Will Release on Sept. 16
18 % des Français détiennent des cryptomonnaies et 30 % en ont déjà possédé, selon une étude de Gemini
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
PayPal & Venmo integrate ENS to simplify crypto payments
Friend.tech creators walk off with $44m as project shuts down
Circle policy director: 'France has become the crypto powerhouse of the EU'
Patrick Hansen, Senior Director of EU Strategy and Policy at Circle | LinkedIn/patrickghansen
Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
"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.
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.
OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.
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.
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.
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."
Trending
