Emmanuel Macron is undeniably leading France with a favorable stance towards cryptocurrency. The French president has openly expressed his support for this sector during exclusive interviews and press conferences, being the first European leader to advocate for the adoption of NFTs. Major cryptocurrency companies such as Binance, Crypto.com, and Circle have chosen Paris as their European base because of the welcoming regulatory environment and juicy economic incentives. Macron has recently approved a crypto regulation bill that requires crypto companies to register with the AMF (Autorité des Marchés Financiers), conduct KYC and AML proceedings and aims to foster responsible and transparent operation of digital assets. Thanks to Macron's initiatives, the French capital is nowadays the financial hub of Europe's crypto industry and is hosting events such as the famous Paris Blockchain Week.
Gabrielle Cook
- 2023-04-18
Macron Promoting Adoption of Cryptocurrency in France
Emmanuel Macron is leading France forward in its adoption of cryptocurrency. The French president has expressed his support for this sector and has approved a crypto regulation bill that requires companies to register with the AMF. Thanks to Macron's initiatives, the French capital is now the financial hub of Europe's cryptocurrency industry.
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