CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations.
Crédit Agricole’s CACEIS Gains Crypto Custody Registration in France
The traditional finance giant has been rumored to be seeking the status for years.
France’s Markets Regulator Backs Global Rules for DeFi
The AMF wants industry stakeholders to contribute to a discussion about its views on supervising DeFi, DAOs and associated risks.
Binance under investigation in France since February 2022: Report
The French arm of Binance is reportedly under investigation by the French authorities on charges of “aggravated money laundering.’
Binance Under Investigation in France for ‘Aggravated’ Money Laundering
Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks.
French financial markets ombudsman reports jump in crypto-related mediations
The Autorité des marchés financiers ombudsman saw mediation requests rise by almost a quarter in a year; the number of digital asset service providers more than doubled in that time.
French lawmakers agree to loosen rules in proposed crypto influencer bill
Previously, the bill restricted influencer marketing to only licensed crypto firms, of which there are currently none in France.
French Lawmakers Strike Softer Deal on Crypto Influencer Law
A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears.
Sorare Carves Out Unique Entry Method for France Due to NFT Regulations
The Web3 fantasy sports game is working with the French National Gaming Authority to create a framework for France-based players who face a tighter regulatory regime.
Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People
OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval.
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.
French Senate proposal would allow influencers to promote cryptocurrency
The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services.
Allow Influencers to Promote Registered Crypto Firms, French Senators Say
Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions
First Mover Americas: Bitcoin Starts Work Week in the Red
The latest price moves in bitcoin (BTC) and crypto markets in context for April 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
French Regulator Floats ‘Fast-Track’ Registration for Incumbents as MiCA Rules Bed in
EU countries are making the transition to a tough new crypto regime set by Brussels.
What’s next for EU’s crypto industry as European Parliament passes MiCA?
What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry?
Societe Generale’s Crypto Division Introduces Euro Stablecoin on Ethereum
EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets.
Societe Generale launches euro-pegged stablecoin on Ethereum
The EURCV stablecoin is only available to institutional investors onboarded by Societe Generale through its KYC and AML procedures.
High Hopes for EU’s MiCA Law With Final Vote Imminent
EU member nations are already jostling to hold the crypto crown as the bloc becomes the first major global jurisdiction to regulate the sector.
World Regulators Are Looking at DeFi
Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understanding what sort of risks DeFi might pose to both users and the broader financial world, and whether there are ways to mitigate these risks while still allowing their operation.