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Meria: ‘You can stake your $ETH…directly on-chain via our interface’

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Meria CEO Owen Simonin | meria.com

Meria, a financial services company based in Metz, announced that users can stake Ether (ETH), the second-largest cryptocurrency after Bitcoin in terms of market capitalization, through their platform. Meria shared its statement in a July 30 post on X.

"Created on July 30, 2015 by @VitalikButerin, Ethereum is the 2nd most capitalized crypto on the market and a pioneer in our eco-system," said Meria. "Ether is not just a digital currency, it is a decentralized platform that allows the creation of smart contracts and decentralized applications (dApps). You can stake your $ETH on http://meria.com, or directly on-chain via our interface."

According to Coinbase, staking crypto is "a way of earning rewards while holding onto certain cryptocurrencies." Only certain cryptocurrencies allow staking, including Ethereum, Tezos, Cosmos, Solana, Cordana, and others. Crypto earns rewards when staked because the blockchain puts it to work through a mechanism called "Proof of Stake," which is a way to ensure that "all transactions are verified and secured without a bank or payment processor in the middle."


Meria CEO Owen Simonin | meria.com

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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."

Meria is a France-based cryptocurrency assets company started in 2017 by Owen Simonin. According to the firm's website, Meria has been actively contributing to the development of the French-speaking crypto asset landscape since its beginning. "Since 2017, our mission is to make cryptoassets investment accessible to everyone," said Simonin.

Organizations Included in this History
Almeria Middle School
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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.

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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

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