French Legislators Hold Hearing on Bitcoin
Representatives from the Bitcoin and cryptocurrency economies presented their cases before the French Senate. The hearing, chaired by Philippe Marini — whose other functions include membership in a joint fact-finding mission with the EU to determine government roles on the Internet — featured representatives from the Bank of France, the French Ministry of Finance’s money-laundering department, and many others. Gonzague Grandval, whose company Paymium operates a Eurozone Bitcoin exchange and payment processor, spoke on behalf of Bitcoin. As with the hearings that have taken place in senates....
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As announced last week, the French Senate met today in Paris to hold a hearing on bitcoin, it's benefits, and it's downsides. Reddit.com user 'mmitech' took the opportunity to post notes about what took place at the meeting the meeting here. According to the user's bullet points, it would appear as if the French government is keen to "catch up" with bitcoin. They don't clearly understand it yet, nor do they know how they'll regulate it, but they've recognized at this juncture that banning the digital currency is not an option. Overall, the French Senate's outlook on bitcoin seemed....
Read our earlier post about the French Senate Hearing's outcome here. Watch the videos below:
In a meeting expected to take place on Wednesday, January 15th, 2014 at 10AM at the Luxembourg Palace in Paris, France, the French Senate will hold a joint hearing to discuss issues relating to the development of virtual currencies, such as bitcoin. The announcement was made on the Senate's website, and notes this will be an open-press event. The following individuals will be in attendance: Ms. Delphine Amarzit, (Head of the financing of the economy of the Treasury Department). Mr. Denis Beau, Chief Operating Officer at the Bank of France. M. Jean-Baptiste Carpentier, Director of Treatment....
Legislators gathered on Wednesday afternoon to hold a public hearing on a measure that would prohibit cannabis firms in the state of Washington from working with bitcoin. CoinDesk reported last week that SB 5264, a bill presented by two Washington state senators, would ban businesses working in the marijuana industry from both selling products for bitcoin as well as purchasing them with the digital currency. At the time, primary sponsor Sen. Ann Rivers said that the measure was intended to boost financial transparency to the state’s cannabis sector as part of an effort to “help move it out....
A group of nine business owners and legal experts pitched a panel of New Jersey legislators this week on why they should make the Garden State a hub for bitcoin development. To get there, the panel urged, would require creating an environment in which digital currency developers, startups and ideas could flourish without the risk of onerous financial rules stifling innovation. The 5th February hearing was hosted by the New Jersey Legislature's Assembly Financial Institutions and Insurance Committee. Among the topics discussed were the multi-signature wallet technology, the nature of....