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Clara Chappaz: 'France is leading the ecosystem for AI in Europe'

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Clara Chappaz | https://www.linkedin.com/in/clarachappaz/overlay/photo/

Clara Chappaz, the French Secretary of State for Artificial Intelligence and Digital Technology, said that the French AI ecosystem is leading Europe with some of the best developers attending the dotAI2024 conference. Chappaz shared her statement in an October 19 post on X.

"#France is the leading ecosystem for #AI in Europe," said Chappaz. "A pleasure to discuss this with the best developers in the world at the #dotAI2024 conference."

According to their website, the dotAI conference takes place annually and is considered "the world's brightest artificial intelligence conference." Their mission statement emphasizes helping engineers learn from top experts, inspiring them, and fostering a sense of community. The conference aims to elevate technical thought-leaders globally and transform cities into hubs of technical expertise and innovation. The next event is scheduled for November 6, 2025, in Paris, France.

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Binance’s current CEO Richard Teng highlighted Paris as an example of a jurisdiction where policies are attracting more business, CoinDesk reported. "If you look at what Paris is doing, it is very conducive for businesses," Teng said. He noted that several companies are considering using Paris as their base for expansion within Europe.

According to the European Commission, "The EU wants to be a leader in blockchain technology, becoming an innovator in blockchain and a home to significant platforms, applications and companies." The European Commission supports policy development, legal frameworks, regulatory measures, and funding initiatives related to blockchain in Europe.

Chappaz became the new French Secretary of State for Artificial Intelligence and Digital Assets in September 2024. Before joining the French Government, she accumulated extensive experience in the tech industry. Her previous roles include Director at La French Tech for three years, Chief Business and Growth Officer for Vestiaire Collective for three years, and VP International of LYST for one year. Chappaz holds a Master's degree in Business Administration from Harvard School of Business and a Master of Science (Grand Ecole) in Strategy & Entrepreneurship.

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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.

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

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