Quantcast
CRYPTO NEWS AROUND THE GLOBE
Crypto: FTX is getting rid of its Solana, what impact on the price of SOL?
Renzo’s ezETH falls as low as $700, leading to $56m in liquidations
Meet this ex-poker tournament organizer who is launching his euro stablecoin
Bitcoin: Btc Outperforms Tesla (Tsla) Stock For The First Time Since 2019
A drawdown for DEXs: Traders on Ethereum hits lowest level since February
NEKO Cat Token Soars 7,100% and All Eyes Turn to This New Dog Coin That Just Secured $10 Million Funding
Ethereum Vs Restaking: Eigenlayer Facing A Yield Crisis?
SafeMoon CEO John Karony Claims He's "Innocent" Of Multi-Million Crypto Fraud Scheme
Shiba Inu (SHIB) raises $12 million to create layer 3 based on anonymity
Turkey's investing app Midas raises $45m to double down on crypto
Swiss Bitcoin advocates launch campaign to include BTC in National Bank reserves
Crypto & Web3: Things to watch closely this week
Find out how to transform 10 euros into 100k with Bitcoin Runes
After 6 weeks of accumulation, Ethereum ready to soar? ETH analysis of April 19, 2024
Best Crypto to Buy Now April 19 – Bitcoin, Dogwifhat, THORChain
Billionaire Mark Cuban weighs in on the bitcoin halving
Why Brevan Howard’s crypto boss plans to tap AI and blockchain opportunities
Worldcoin launches layer 2 blockchain as eye scanning venture hits 10m users
Europe dominates crypto banking with 63 providers
French Usual raises $7M with its stablecoin USD0
Binance teams up with European universities to train students in Web3
Mobicoin: Mercedes-Benz launches an ecological cryptocurrency
Crypto Investors are Moving Funds into This Virtual Reality Project Before it Lists on Exchanges – What Does it Do?
27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks – Bitcoin News
Will bitcoin Continue to Rise or Fall?
Halving Bitcoin this week – Should you sell or buy?
Bitcoin seen surging to $450,000 — if this halving trend plays out
Cryptocurrencies: The Rebound Of Solana (Sol) Outperforms Bitcoin And Ethereum
CoinShares: Investors withdraw $126m as crypto confidence wanes
April's first two weeks saw more Ethereum loans liquidated than any month since June 2022
All Crypto News Around The Globe

French digital asset advocate on crypto usage in Europe: ‘Adoption accelerates’

Conferences
Webp fleuret 3
Adan President Faustine Fleuret | X/adan_asso

Faustine Fleuret, president of the Association for the Development of Digital Assets (Adan), stated that cryptocurrency is growing in popularity in France and throughout Europe. Fleuret shared her statement on July 10 during the Web3 Leaders Forum hosted by Adan in Brussels.

"Institutionalization keeps going," said Fleuret. "Adoption accelerates, with 12% of the French holding crypto-assets right now, like in Germany and in Italy, outpaced by the Netherlands where 18% of the population are crypto users. Foreign players continue to land in Europe."

According to LinkedIn, the Web3 Leaders Forum is "an annual event organized by Adan to bring together those working to build a strong, high-impact European Web3 Industry." Entrepreneurs and industry groups meet to discuss the latest topics in Web3.

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.

The framework and legal clarity of the Markets in Crypto-Assets (MiCA) regulations have attracted the European Union’s largest banks to enter into the crypto industry, according to a report by Cointelegraph. "European banks are moving into crypto as an asset class and tokenization technology because MiCA, the upcoming regulatory framework for Europe, is suddenly bringing full clarity for banks," said Bitpanda Deputy CEO Lukas Enzersdorfer-Konrad.

According to a survey conducted by Adan, 12% of France’s population owns cryptocurrency and 15% have owned it at one point, compared to 9.6% last year. This shows a resurgence in crypto adoption on top of active holders continuing to invest regularly. The survey indicates that "to date, French investment is strongly supported by Bpifrance, which accounts for 45% of early-stage fundraising in 2023. However, despite the scarcity of funding in 2023, a majority of companies plan to raise funds in the future, including 73% in 2024."

Several crypto companies have found a home in France to grow the crypto industry. According to a report by Coindesk, "crypto companies… have been offered a welcome in France, by officials boasting a regulatory framework that offers relative predictability." Secretary General of the Autorité des Marchés Financiers (AMF) told reporters, "In France, we are proud to be pioneers."

According to her LinkedIn profile, Fleuret is a graduate from Technological University Dublin with a bachelor's degree in management sciences as well as from the University of Paris with a master's degree in finance and banking. She has been the President and CEO of Adan since 2021 and holds certifications in MOOC Global Energy Issues and MOOC Financial Regulation.

More News

UK’s stringent crypto regulations spark debate as exchanges struggle to gain FCA approval

The UK cryptocurrency market continues to pose challenges for exchanges as they adapt to stricter regulatory requirements. Cryptocurrency exchange Bitget recently relaunched its UK platform after halting services in May 2024 to comply with the UK Financial Conduct Authority’s (FCA) Financial Promotions regime. This relaunch reflects Bitget’s efforts to align with the FCA’s evolving standards, aimed at enhancing consumer protection in the digital asset space.

Nov 24, 2024

Italy backtracks on crypto tax hike amid investor pushback

The Italian government recently announced a plan to increase the capital gains tax on bitcoin and other cryptocurrencies from 26% to 42%. This proposal, part of broader fiscal measures to support election pledges and reduce Italy’s fiscal deficit, has raised concerns among cryptocurrency investors and industry leaders.

Nov 24, 2024

European banking authority issues new guidelines for crypto providers to comply with restrictive measures

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

New crypto regulations aim to keep startups from 'sailing away' to the U.S.

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 chooses Paris as its new home base

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

Nov 20, 2024

Crypto investors sound alarm on UK’s capital gains tax hike and regulatory pressure

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

Crypto Comments
Loading...

No comments available.

Trending
1

Crypto investors sound alarm on UK’s capital gains tax hike and regulatory pressure

2

UK’s digital assets bill brings much-needed clarity to digital asset regulation

3

New crypto regulations aim to keep startups from 'sailing away' to the U.S.

4

OpenAI chooses Paris as its new home base

5

European banking authority issues new guidelines for crypto providers to comply with restrictive measures