French - Claimpayback

French citizen jailed for buying car illegally with bitcoin in Morocco

0xMain
May 12, 2023

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A 21-year-old French citizen has been sentenced to 18 months in prison and fined €3.4 million for using cryptocurrency, deemed illegal by Morocco, according to court records. Court records show that Moroccan courts have upheld the 18-month prison sentence given to the French...

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French senate advances legislation allowing social media influencers to advertise cryptocurrency

0xMain
May 3, 2023

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The Committee on Economic Affairs in the French Senate has approved an amendment to pending legislation that will permit registered cryptocurrency companies to enlist social media influencers for promotional and advertising purposes. The new wording would enable France’s Financial Markets Authority (AMF) to...

Crypto friendly Instpower power banks become available in French Burger King locations

0xMain
March 27, 2023

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The global fast-food giant Burger King placed Instpower power bank rental machines in Paris, which take crypto payments handled by cryptocurrency payment services Alchemy Pay and Binance Pay. Burger King and digital currency The crypto market has concentrated chiefly on adoption and growth....

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Circle applies for French license as it doubles down on Europe

0xMain
March 22, 2023

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Circle, a worldwide leader in digital financial technology and the creator of the digital currencies USDC and EUROC, has announced that it has applied for a French license. If approved, Circle will be recognized as an electronic money institution and a digital asset...

French crypto companies to be licensed by 2024

0xMain
January 18, 2023

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Legislators at France’s National Assembly are planning to force crypto firms to apply for licenses starting Jan. 1, 2024. According to Daniel Labaronne, one of the caucus members responsible for the new legislation, the local Finance committee gives new entrants one more year...