Uncertainty around French laws prompted F1 racers to remove crypto branding: ...
Spectators could not see Crypto.com’s logos during Formula One's French Grand Prix, while staff from Alfa Romeo, AlphaTauri and Alpine reportedly removed crypto-related branding. Many Formula 1 international racing teams reportedly removed or covered branding and logos from crypto-related sponsors in response to uncertainty around France’s advertising regulations.According to a Tuesday report from RacingNews365, Crypto.com’s logos were not on display during the French Grand Prix on Sunday — the crypto exchange has been a global partner with the racing series starting in July 2021. The team....
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RacingNews365’s reported on July 26 that because of France’s advertising laws, numerous Formula One teams were required to conceal or remove decals showing branding by crypto-related companies during the French Grand Prix weekend. One of the countries that adopt cryptocurrencies most quickly is France. According to triple-A research, there are presently 3.4 million cryptocurrency owners in France or […]
Société Générale's group legal director has called out for the establishment of an international bitcoin regulatory framework. In an article co-written by Dominique Bourrinet, group legal director of the French multinational bank; and his colleague Etienne Mauret, the consequences of bitcoin's undetermined legal status are discussed. A loosely translated version of the article reads: "In terms of French law, it [bitcoin] goes into no known category: it is neither a legal tender nor a means of payment - not even an electronic currency - within the meaning of the Monetary and Financial Code.....
Philippe Lemoine reveals his report on 'The Digital Transformation of the French Economy' where he suggests as much as 180 proposals in order to shake up France's technology sector, among which figures the need of developing a secure, cost-effective and anonymous payment solution based on the blockchain technology. Earlier this month, Philippe Lemoine, CEO of French online business LaSer and serial entrepreneur, revealed his report entitled 'The Digital Transformation of the French Economy,' which he was assigned by the government back in January. It took Lemoine 9 months to research and....
Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that prompted the price of stablecoins in the country to rise by 11% on some exchanges.
Dollar-to-Peso Exchange Rate Plummets Due to Political Uncertainty in Argentina
The rate that citizens in Argentina use to exchange the native fiat currency, the Argentinian peso, for dollars, has....
The UK payment gateway company, Bitwage has won the French Tech Ticket competition and qualifies to join one of France’s top incubators. La French Tech. Described as the French Program For International Startups, the French Tech Ticket is a program designed for entrepreneurs from all over the world who want to create their startups in France. The main organizing group for this program is ‘la french tech’, which is a part of the French government that helps to develop French technology by either helping French entrepreneurs internationalize or choosing specific high growth potential....