France | News

Bitcoin’s price pumped on news that the US Federal Reserve would cut rates by one quarter of a point. Crypto markets are up after the US Federal Reserve cut rates. But in other parts of the world, the picture isn’t so rosy. Thai bank customers are experiencing massive bank lockouts, and France says it could block companies operating on crypto licenses obtained in other parts of the European Union. Meanwhile, in Australia, securities regulators have made things easier for stablecoin distributors by scrapping a license requirement. Read more

Strikes in France delay tapestry transfer

While some legal experts see France’s threat as legally feasible, others argue that it’s only a warning for crypto firms looking for licensing loopholes in the EU. France’s warning that it may try to block cryptocurrency companies from operating in the country under licenses issued by other European Union member states — known as passporting — has raised questions about enforcement of the 27-nation bloc’s flagship crypto law. France’s securities regulator, the Autorité des Marchés Financiers (AMF), is considering a ban on crypto firms operating in France under licenses obtained in other member states, Reuters reported Monday. The move reportedly stems from the AMF’s concern that some crypto companies seek licenses in more lenient EU jurisdictions. The warning came less than a year after the EU’s Markets in Crypto-Assets Regulation (MiCA) took effect for crypto-asset service providers. MiCA was designed to create a harmonized framework across Europe and prevent the kind of regulatory arbitrage the AMF is flagg...

France signaled it may challenge the right of some crypto firms licensed in other European Union countries to operate domestically, escalating pressure for centralized oversight of the bloc’s digital asset industry, Reuters reported on Sept. 15. Marie-Anne Barbat-Layani, president of France’s financial regulator AMF, said the agency is increasingly concerned that under the EU’s new […] The post France moves to block crypto firms despite MiCA licensese due to lax standards in some jurisdictions appeared first on CryptoSlate.

France’s securities regulator is considering attempting to ban European license “passporting” over concerns related to MiCA regulation enforcement gaps in other EU countries. France warned it may try to block cryptocurrency companies operating locally under licenses obtained in other European countries, raising enforcement gap concerns regarding the European Union’s crypto regulatory framework. France’s securities regulator, the Autorité des Marchés Financiers (AMF), told Reuters Monday that it is concerned about potential regulatory enforcement gaps related to Europe’s Markets in Crypto-Assets Regulation (MiCA), the world’s first comprehensive crypto regulatory framework. Concerned that some crypto companies may seek licenses in more lenient EU jurisdictions, the AMF is considering a ban on operating in France under MiCA licenses obtained in other member states. Read more

Andriy Yermak, Head of the Office of the President of Ukraine, held talks with advisers from the United Kingdom, France, Germany, and Italy to discuss security guarantees for Ukraine.

France will deploy three Rafale fighter jets to help Poland protect its airspace after this week’s drone incursions into its airspace, French President Emmanuel Macron said on Thursday on X. “The security of the European continent is our top priority. We will not give in to Russia’s increasing intimidation,” he said. A French military official said the warplanes had already been deployed to Poland prior to Tuesday’s incursions. On Tuesday, Poland said it had scrambled aircraft alongside allies to shoot down “hostile objects” violating its airspace during a Russian attack on neighbouring Ukraine, a first for a NATO country during the war. The incursion came as Russia unleashed a barrage of strikes across Ukraine, including in the western city of Lviv, around 50 miles (80 kilometres) from the Polish border. Responding to the accusation, Russia’s foreign ministry claimed that its drones had carried out a major attack on military facilities in western Ukraine but stressed that there were no plans to hit any targe...

The decision of the EU Court, which confirmed that European sanctions apply to all Russian ships, including historical replicas, is a victory in the more than three-year struggle of pro-Ukrainian activists in France. However, Russia will continue to promote its “cultural” projects for propaganda purposes in Europe.

French elite GIGN forces freed a Swiss hostage and arrested seven suspects in a cryptocurrency ransom plot near Valence-TGV station using nearly 150 officers, marking the latest incident in France's emergence as a global hotspot for crypto-linked violent crime with at least ten cases since January. The post France’s Crypto Kidnapping Crisis Continues as Police Free Swiss Hostage, Arrest Seven appeared first on Cryptonews.

"The perpetrators will be sought and prosecuted. Lyon stands firm against hatred, antisemitism, and racism," the city's mayor stated.

France and Germany will provide Ukraine with additional air defense systems in response to the recent wave of Russian airstrikes, including the attack on Kyiv on August 28.

Britain, France, Germany send letter to UN Security Council, hoping the move will push Iran to make commitments ■ Tehran has warned of harsh response if sanctions reinstated

France’s embattled Prime Minister Francois Bayrou said on Monday that his government would request a vote of confidence on September 8, seeking parliamentary backing for his battle against soaring public debt. Far-right National Rally (RN) leader Jordan Bardella immediately said his party would not back Bayrou’s planned cuts, suggesting the minority government could face defeat in the vote. Bayrou told a news conference the National Assembly would be asked to “confirm the scale” of spending reductions, as the government seeks to save around €44 billion ($51bn) a year. “I have asked the president, who has agreed, to convene an extraordinary session of parliament on Monday, September 8,” Bayrou told reporters. Bayrou does not have a majority in parliament’s lower house, the National Assembly, and the upcoming vote underscores the fragility of his position. Bayrou said France was going through a “decisive moment”. “If you have a majority, the government is confirmed. If you do not have a majority, the government...

In a letter to The Wall Street Journal, American Ambassador Charles Kushner wrote of a sharp rise in antisemitism in France since October 7, 2023, and criticized Paris' decision to recognize a Palestinian state. France's Foreign Ministry called the letter 'unacceptable'

"There is an explosion of antisemitic acts and threats, the Israel/Hamas conflict has been transposed onto our soil," Richard Zelmati of the Crif Auvergne-Rhône-Alpes told Actu Lyon.

France delayed visa renewals for Israeli airline staff in response to security checks on its diplomats at Ben-Gurion Airport, amid strained Israeli-French relations. Last week, El Al's Paris office was splashed with red paint

Israel-Premier Tech isn't a national team and doesn't receive government funding, but it can't hide from pro-Palestinian protesters who try to knock it off the road at the Tour de France and other great races

PARIS, FRANCE - To express solidarity with the people of Indian Il­legally Occupied Jammu and Kashmir (IIOJK), the Embassy of Pakistan in France organized a special event marking Youm-e-Istehsal, on Tuesday.

French political party Rassemblement National is reportedly preparing a draft law to mine Bitcoin with surplus nuclear energy. Rassemblement National (RN), a French political party, is reportedly pushing to mine Bitcoin using surplus energy from nuclear power plants, signaling a shift from its leader’s previous anti-crypto stance.  French newspaper outlet Le Monde reported last week that RN leader and three-time presidential candidate Marine Le Pen now backs using idle nuclear energy for Bitcoin (BTC) mining. She reportedly promoted the plan during a visit to the Flamanville nuclear plant on March 11. The party said the initiative will turn wasted electricity into “secure and extremely profitable” digital assets.  According to Le Monde, RN lawmaker Aurélien Lopez-Liguori has spearheaded the proposal in the French Parliament, drafting a bill to install mining infrastructure at sites operated by the energy giant Électricité de France (EDF).  Read more

The Lille prosecutor's office announced on Thursday that it has opened an investigation into "apology for terrorism" and "apology for crimes against humanity."