French Senate Hearing about Bitcoin in Video (in French)

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....

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....

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....

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....

Yesterday France had a senate hearing about digital currencies like Bitcoin. People in the Bitcoin community followed the live stream with anxiety, looking for any bearish or bullish news. It is confirmed that the outcome of the French senate hearing is positive for Bitcoin that might lead to a shift in France towards a more Bitcoin loving nation like their neighbour Germany. The reddit user mmitech posted notes during the hearing. He summarized the following: It is not clear what France will do next or how to regulate Bitcoin but they want to catch up and making it illegal is not an....