Quantcast
CRYPTO NEWS AROUND THE GLOBE
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 — what that means for crypto
Binance Launches Mobile Money Feature for Crypto Transactions in Africa – Exchanges Bitcoin News
New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange
Dubai: An employee paid in cryptocurrency – Everything you need to know about this first history in the UAE
Wrapped Bitcoin rivals eye $9bn market share after ownership drama
The Digital Chamber: Nigerian government's excessive fines could have 'a chilling effect on foreign direct investment'
TON Leads Crypto Majors as BTC, ETH Remain Flat
German Interior Ministry Predicts Bitcoin at $100,000 in 2024, Recommends Use of Hardware Wallet
Why economists say the CFTC is wrong about prediction markets
Cardano drops out of the top 10 cryptocurrencies by market cap ranking
Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon
Bchain Africa CEO on detention of Binance employee: 'Are we running a military system in Nigeria under the guise of democracy?'
Binance exec in Nigerian prison is ‘almost bedridden’
Swiss and Norwegian central banks reportedly hold 3,400 Bitcoins via MicroStrategy shares
Trump and Musk Avoid the Burning Topic of Cryptos During Their Interview
Why crypto investors are ‘asleep at the wheel’ amid improving macro conditions
MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx
Coinbase to Launch Wrapped Bitcoin (WBTC) Competitor – What’s at Stake in Such a Token?
Binance's Sacheendran: 'blockchain technology will revolutionize various industries beyond finance'
Bitcoin at 9 million in 20 years according to the power law
Binance recovers more than $73M in user funds from external hacks
Did you miss this week's news? Here is a recap of the information you shouldn't have missed about Bitcoin, Binance, Ethereum, and Ripple!
Collapsed crypto exchange FTX ordered to pay $12.7bn to creditors, CFTC says
Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14 – Mining Bitcoin News
Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating
SEC subpoenas three crypto VCs in sign crackdown is gaining pace
Ripple begins testing its stablecoin RLUSD on XRP Ledger and Ethereum
The IMF and El Salvador Close to an Agreement on Bitcoin!
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

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

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

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

Outlier Ventures CCO: People may use a 'more efficient, much less costly system to achieve the same user benefit'

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

Crypto Comments
Loading...

No comments available.

Trending
1

MANTRA CEO: 'Institutional adoption of tokenization already has significant product-market fit'

2

Outlier Ventures CCO: People may use a 'more efficient, much less costly system to achieve the same user benefit'

3

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

4

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

5

OpenAI chooses Paris as its new home base