TagBanque de France

French Tobacco Shops to Sell Bitcoin From 2019

French cryptocurrency adoption and usage are set to receive a minor boost from next year, as the French Prudential  Supervision and Resolution Authority (ACPR), a regulatory offshoot of the Banque de France has granted permission for tobacco shops in the country to sell bitcoin from January 1, 2019. According to a news report from  Europe 1, the shops in question, which typically offer lottery...

‘Monsieur Bitcoin’ to Head France’s Cryptocurrency Regulation Task Force

Cryptocurrency task force France

France’s economy minister has established a task force to examine the risks that bitcoin and other cryptocurrencies present to the economy and propose regulatory guidelines that will mitigate these threats. On Monday, economy minister Bruno Le Maire announced that his department had created a cryptocurrency task force that will be chaired by a former central banker. "We want a stable economy: we...

France’s Central Bank to Launch a Blockchain Innovation Lab

The Banque de France has revealed that it is opening a blockchain innovation lab as it seeks to work more with blockchain startups. In a speech [PDF] presented by Banque de France governor Villeroy de Galhau last month at the Paris FinTech Forum, and published recently, the central bank explained that more work needs to be done with the blockchain. According to Galhau, ‘the digital revolution is...

French Central Bank Conducts an “Interbank Blockchain Experiment”

The Banque de France, the country’s central bank, has revealed details about a discreet blockchain experiment that was put to the test back in October 2016. In a release [PDF] late last week, the bank revealed that it had tested blockchain technology to understand the consequences of decentralizing ledger managing functions of SEPA credit Identifier, which is essentially a simplification of cross...

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