France - Page 2 - AllStocks Network

PwC France Partner: Digital Assets Are for Corporations, Not Central Banks

Posted on March 24, 2019March 24, 2019 by Jodie Lauren Smith

France’s central bank won’t issue its own digital currency in the near future according to Pauline Adam Kalfon, PwC France blockchain and cryptocurrency partner. Kalfon admits that cryptocurrency has a growing interest and there have been several recommendations to explore the idea further, but says it would be complex to deploy. “France’s central bank may not be the best entity to drive forward such a digital currency project, which would sit within the prerogatives of…

IBM to Develop a Blockchain Network for France’s National Council of Clerks

Posted on March 17, 2019March 17, 2019 by Rehan Yousaf

IBM has been involved in a number of projects over the last couple of years implementing blockchain networks for different companies like Walmart and ADNOC. These projects involve implementing blockchain into supply chain operations and food traceability. The company has played an integral role in the development of the industry outside the cryptocurrencies market. Now, the tech giant is furthering that cause by scoring a new deal with France’s Commercial Court Clerks for a blockchain…

Street Artist Pboy Hides $1,000 in Bitcoin Inside Paris Protests Mural

Posted on January 8, 2019March 17, 2019 by Jodie Lauren Smith

As cryptocurrency becomes more popular and more grounded on the financial scene, it is also securing its place in popular culture, including street art. Well known street artist Pascal Boyart (also known as Pboy) has produced a mural painting in Paris, that depicts the protests that have been occurring in France over the last few months. The mural also contains a puzzle with $1,000 worth of Bitcoin hidden within. The protests started on November 17…

France Dismisses Crypto Tax Amendments in National Assembly Meeting

Posted on December 21, 2018March 17, 2019 by Jodie Lauren Smith

On Monday December 17, the National Assembly in France rejected four amendments to various cryptocurrency tax bills. Tensions have been high in France recently, due to riots that have spanned weeks. Police have used tear gas and water cannons on protesters, and violent clashes are continuing to happen between authorities and protesters. The protests began due to a rise in fuel tax, but has since expanded to include many other issues that affect finance, education…

French MPs Want Government to Invest 500 Million Euros in Blockchain

Posted on December 13, 2018March 17, 2019 by Rehan Yousaf

Blockchain technology is set to become the catalyst in the next technological mini-revolution. Even as cryptocurrencies saw a steady decline of their prices throughout 2018, blockchain technology has been getting a lot of attention in the tech industry. Only after the hype of crypto currencies have died down that the tech pundits and industry giants like IBM, Amazon, Walmart, Unilever, and Samsung are realizing the powers of the underlying technology of all cryptocurrencies. For-profit organizations…

France’s Central Bank Confirms It Doesn’t Support Bitcoin Vouchers in Tobacco Shops

Posted on November 26, 2018March 17, 2019 by Jodie Lauren Smith

On Wednesday November 21, Fédération des Buralistes, France’s tobacco federation reported that they received permission to sell Bitcoin in tobacco stores from January 2019. This was made possible because the tobacco federation teamed up with KeplerK, a French cryptocurrency wallet. It will mean that 4000 tobacco shops will be able to sell Bitcoin vouchers with the value of 50, 100, or 250 euros. It was a French radio network that first reported the issue, the…

France Advances towards Less Crypto Taxes with New Amended Bill

Posted on November 8, 2018March 17, 2019 by Jodie Lauren Smith

On Wednesday November 7 the French National Assembly’s Finance Committee amended the bill of finance to “clarify and simplify the tax regime applicable to crypto-assets.” The amendments will come into play from January 1, 2019. Key Points: A 30% one-off flat rate fee will be applied to profits from the sale of crypto assets. This would apply to any crypto assets that are converted into “lawful” currency, or assets “used as a means of payment…

French Football Club Paris Saint-Germain to Issue Cryptocurrency via “Fan Token Offering”

Posted on September 12, 2018March 17, 2019 by Omri Shabath

Another attestation to the wide expansion of cryptocurrency has materialized recently, this time not from the natural habitat of the financial sphere, but from another utterly distinct field – the world of sports. One of the most popular football (“soccer” in American English) clubs in the world, France’s Paris Saint-Germain (PSG) has partnered up with the blockchain-powered tokenized voting platform Socios.com; this would enable the distinguished French team to launch a Fan Token Offering (FTO),…

The U.S., France and Russia Fight Over the Extradition of a Russian Crypto Expert from Greece

Posted on September 5, 2018March 17, 2019 by Omri Shabath

The most famous active investigation in the world right now is of the Special Counsel Robert Mueller in the U.S., which probes into the Russian-meddling in the 2016 Presidential Election, and if the Trump campaign had any connection to it. The investigation had already previously brought to the surface one surprising principal component that is reinforced by an international imbroglio: cryptocurrency. According to new reports, a Russian cryptocurrency expert who ran a crypto exchange called…

« 1 2