French digital asset advocate: Crypto adoption grows by incumbents, newcomers ‘pulling each other up’

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French digital asset advocate: Crypto adoption grows by incumbents, newcomers ‘pulling each other up’

Conferences

Adan President Faustine Fleuret delivering remarks at the Web3 Leaders Forum | X/adan_asso

By Crypto Republique

Jul 25, 2024

Faustine Fleuret, president of the Association for the Development of Digital Assets (Adan), stated that the crypto industry can grow when newcomers join the market and are supported by "traditional" market participants. Fleuret shared her statement during the Web3 Leaders Forum in Brussels on July 10.

"Adan's conviction is that the transformation of digital uses and behaviors by crypto and the tokenization of the entire economy is powered by and cannot be incentivized without Web3 newcomers," said Fleuret. "Incumbents need new competitors not to rest on their laurels. Newcomers need traditional players to build together by sharing their comparative advantages. Everyone pulling each other up."

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.

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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." The Secretary General of the Autorité des Marchés Financiers (AMF) told reporters, "In France, we are proud to be pioneers."

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 her LinkedIn profile, Fleuret is a graduate from Technological University at Dublin with a bachelor's in management sciences as well as from University of Paris with a master's 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.

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French digital asset advocate: Crypto adoption grows by incumbents, newcomers ‘pulling each other up’

CRYPTO NEWS AROUND THE GLOBE

Tokenized Treasuries Hit Record $4.2B Market Cap as Crypto Correction Fuels Growth

Maximizing BNB Utility on Binance: A Guide to the Benefits

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse

Binance recognized by Indonesian cybercrime directorate for collaborative efforts

It's the first institutional investment in the crypto exchange and the investment was made in an unnamed stablecoin, Binance said.

US CPI Inflation Drops to 2.8%: Is Bitcoin About to Explode Again?

Business founder on Binance France allegations: 'What is this madness?'

Indian authorities arrest alleged Garantex founder for US extradition

Trump’s crypto summit ‘not going to have anything on taxes’ — White House official

Bitcoin: USA could sell gold to finance its strategic BTC reserve

Lawmaker of Japanese LDP on crypto regulation: We will classify 'Crypto assets as a new asset class'

Tom Lee Predicts Market Bottom This Week, Still Sees Bitcoin Closing the Year at $150K

IMF deal to ban public sector ‘Bitcoin accumulation’ in El Salvador

Bitcoin: Michael Saylor's company pauses BTC purchases

Head of law enforcement training at Binance: We need 'a unified approach between law enforcement and industry leaders'

Bitcoin Sell-Off Could Be a Textbook 'Breakout and Retest' Play: Godbole

CEO of Binance on crypto market turbulence: 'A tactical retreat, not a reversal'

Bybit hack forensics show SafeWallet compromise led to stolen funds

Bitcoin News: U.S. Spot Bitcoin ETFs See Record Single-Day Outflow of Over $900M as Carry Trades Yield Less Than the 10-Year Treasury Note

How DeFAI can scale safely in the age of AI

CZ unveils crypto investment portfolio with a 98.5% allocation to BNB, 1.3% to BTC

New SEC Cyber Unit Closes Chapter on Agency's Crypto Enforcement Emphasis

SEC Launches Fraud Unit That Exploits Crypto, AI Enthusiasm

CZ on aid for Argentinian rug pull victims: 'Sent 150 BNB. Good luck'

CEO of AUSTRAC on non-AML compliant crypto exchanges: They 'can expect to hear from us'

Memecoin LIBRA in Argentina: A look back at a future state scandal? Crypto Dossier

U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein

Governor of Bank of Italy: Crypto 'regulatory divergences between the U.S. and Europe will need to be carefully assessed'

Blockchain Wars: BNB Chain Overtakes Solana and Ethereum in Daily Fees

Former prosecutor of DOJ: The corporate monitorship system is 'in dire need of reform'

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