Crypto ownership in Canada slips in 2023, but average value of holdings rises

The number of crypto hodlers in Canada dropped slightly in 2023, but the average value of their holdings rose significantly. However, 77% of respondents regret investing in crypto assets, according to a survey published by the Ontario Securities Commission (OSC).The OSC published a “C ...

Amnesty International head says AI innovation vs regulation is ‘false dichotomy’

The Secretary-General of Amnesty International, Anges Callamard, released a statement on Nov. 27 in response to three European Union member states pushing back on regulating artificial intelligence (AI) models. France, Germany and Italy reached an agreement that included not adopting ...

Dutch exchange Bitvavo cleared to operate in France

Netherlands-based cryptocurrency exchange Bitvavo is set to expand its services to French users after successfully registering as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF).The expansion into France comes just weeks after Bitvavo secured regulatory ...

Crypto is second most popular investment asset in France: Survey

Cryptocurrencies are the second most popular type of asset for investments among the adult French population, according to a survey by the Organisation for Economic Co-operation and Development (OECD) and published by France’s principal financial regulator, the Financial Markets Authority (AMF, o ...

Institute for blockchain and crypto research opens in France

On Nov. 8, the first-of-its-kind Institute of Crypto-Assets held a formal opening at the Léonard de Vinci center in the business district just outside of Paris. The Institute will support and conduct research related to blockchain technology and cryptocurrencies. Its scientific board ...

G7 countries to launch AI code of conduct: Report

The Group of Seven (G7) industrial countries are scheduled to agree upon an artificial intelligence (AI) code of conduct for developers on Oct. 30, according to a report by Reuters. According to the report, the code has 11 points that aim to promote “safe, secure, and trustworthy AI w ...

Binance France director resigns, adding to list of exits from crypto exchange

Stéphanie Cabossioras has stepped down from her role as the executive director of Binance France, becoming at least the 10th senior executive to leave Binance this year.In an Oct. 19 post on X (formerly known as Twitter), Binance France resident David Prinçay confirmed Caboss ...

Tenstorrent and Samsung Partner to Revolutionize AI Chip Production

Canadian startup Tenstorrent has entered into a partnership with Samsung's chip manufacturing division, marking a significant development in the AI chip industry. The collaboration aims to bring the next generation of AI chiplets to market, revolutionizing chip production for data centers. The partn ...

Agence France-Presse sues Elon Musk and X/Twitter over compensation for news

Agence France-Presse (AFP) announced a lawsuit against X, the company formerly known as Twitter, on Aug. 2, citing Europe’s “neighboring rights” legislation.According to a press release, AFP is asking the courts to force X — which the press release refers to as &ldq ...

French privacy watchdog questions Worldcoin’s data collection method: Report

The French National Commission on Informatics and Liberty (CNIL), France’s data protection agency, is questioning the legality of Worldcoin's data collection methods, according to a Reuters report. In an email to Reuters on July 28, CNIL said: ...

What is the ZK industry up to? Rollups, multichain bridges and VCs

Zero-knowledge proofs (ZK-proofs) are a key technology explored by many in the crypto industry. A zero-knowledge protocol is a cryptographic method that allows one party to prove to another party that something is true without revealing any information. The technology is vital for Eth ...

Santander, Crédit Agricole asset arm receives French crypto custody license

CACEIS Bank, the asset servicing arm of Crédit Agricole and Santander, has received a crypto custody license in France, according to the regulator’s website on June 20. CACEIS claims to be a European leader in asset servicing, offering services from clearing and fund administrati ...

French financial markets ombudsman reports jump in crypto-related mediations

Progress can have its drawbacks, as the French stock market regulator, the nongovernmental Autorité des marchés financiers (AMF), has noticed. According to the AMF ombudsman, digital asset-related mediations rose sharply in 2022, as did the number of registered digital asset service ...

Binance Delists Privacy Tokens on National Exchange Platforms in Four European Countries

The world's largest cryptocurrency exchange notified users in France, Italy, Poland, and Spain about the delisting of privacy tokens on national exchange trading platforms. A Binance spokesperson said the restrictions are imposed on 12 privacy tokens: Decred (DCR), Dash (DA ...

OKX Explores France as Regional Hub and Plans to Hire 100 Employees

Cryptocurrency exchange OKX is looking at France as a regional hub in Europe and also plans to hire about 100 people over the next three years, spokesman Tim Byun said. "We intend to hire 100 full-time employees over the next three years.. I think we'll hi ...

OKX Plans to Establish Representative Office in France and Hire 100 Staff Members

They plan to open a representative office in the region And hire a staff of 100 people Krypto-exchange OKX has applied in France to become a digital asset service provider (DASP). The documents will be reviewed by the Autorité des Marchés Financiers and the Au ...

Bit Digital Expands Mining Operations in Iceland Amidst U.S. Regulatory Pressure

With growing pressure from U.S. regulators, Bit Digital, a New York-based mining company, is expanding its infrastructure in Iceland. The company plans to locate 2,500 recently purchased mining rigs in Iceland.As Bit Digital CEO Samir Tab ...

France Welcomes Cryptocurrency Companies Amidst Regulatory Uncertainty

Cryptocurrency companies that move away from the uncertainty of U.S. regulation will be welcomed in France, local officials said. "In France, we are proud to be pioneers of the crypto-asset industry," said Benoît de Juvigny, secretary general of the F ...

French Senate Committee Approves Amendments to Cryptocurrency Advertising Bill

But this only applies to service providers that have registered with the AMF No cryptocurrency companies have yet received a license due to strict requirements In the initial iteration, the bill included harsh penalties for promoting cryptoassets and services rela ...

Problems with regulation may lead American crypto firms to relocate outside US, says Raoul Pal

Raoul Pal, the former top executive at Goldman Sachs and current CEO of Real Vision, has predicted that American cryptocurrency companies may have to relocate their headquarters to other parts of the world due to regulatory issues. In an interview with the Rug Radio podcast, Pal drew parallels to ...

London Banks Reject Crypto Fintech Firm’s Corporate Account Request

London's major banks are refusing to open corporate accounts for cryptocurrency fintech firm SavingsBlocks, according to Bloomberg sources. This is not an isolated incident, as other crypto companies have faced similar issues when seeking banking services in the UK. SavingsBlocks, which has ap ...

An exhibition of NFT projects CryptoPunks and Autoglyphs will be held in France

The National Museum of Modern Art of France is planning a new exhibition with collections that focus on the relationship between traditional art and blockchain. This is the first time that the museum, which houses the masterpieces of such outstanding artists as Wassily Ka ...