France is positive about Bitcoin - A new guiding Country?
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....
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Despite the fact that the Bank of France has already issued a warning on bitcoin and digital currency as a whole, it seems like users in the country haven't encountered much of a challenge in using their bits. But exchanges, on the other hand, are another story altogether. Regulators at the French Prudential Supervisory Authority (ACPR) at the Banque De France (Bank of France) have issued a statement outlining that bitcoin exchanges operating in France must be registered and licensed to do so. The Authority has established that any business that serves as an intermediary by facilitating....