OpenAI chooses Paris as its new home base

France’s regulatory framework has been a significant draw for tech companies, including those in emerging sectors like cryptocurrency. In recent years, several crypto companies have chosen France as a base to take advantage of a clear and predictable regulatory environment. According to a report by Coindesk, French officials have welcomed these firms, with the Secretary General of the Autorité des Marchés Financiers (AMF) saying, “In France, we are proud to be pioneers.”

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 is a strong supporter of the policy, legal and regulatory, and funding fronts of blockchain in Europe.

Chappaz, who took office in September 2024, has extensive experience in the tech industry, having previously worked as Director at La French Tech and Chief Business and Growth Officer for Vestiaire Collective. She also holds advanced degrees from Harvard Business School and Sciences Po Paris.