Emmanuel Macron on crypto: 'I don't believe in a self-regulated financial sec...
In an interview, the sitting French president voiced his support for MiCA regulation and the digital euro project. Mere days before the second round of the fateful presidential election in France, the incumbent President of the Republic, Emmanuel Macron, sat down with local media to share his thoughts on the digital economy — a subject he didn’t speak on much before. While emphasizing the importance of the sector, Macron once again reiterated his support for the pan-European approach to financial technology regulation. The interview with French publication The Big Wale came on April 22,....
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Regardless of who wins the presidency, France is unlikely to deviate from the pan-European regulatory approach. As France braces for the April 24 presidential election in a runoff, political pundits around the globe are making their bets. The choice is between the centrist incumbent Emmanuel Macron and right-wing populist Marine Le Pen. Much of the political debate this time revolves around economics, but there is one indispensable part of it that is largely absent from the candidates’ electoral agendas: digital assets. While both have a record of public statements on matters related to....
Something interesting has been happening the last couple of weeks. I'm pretty well connected to a lot of veterans in crypto, and independently, we've all been fielding inquiries from smart money investors, the non-technical types who are now ready for a hedge instrument against global uncertainty. Our basic conclusion is that what we're seeing right now is a whole lot of new money coming into the cryptocurrency markets. ADVERTISEMENT Some have been perplexed with this unprecedented rise, and it's easy to see why. The total market cap of the space is now $46.5bn, a figure that's up roughly....
France’s legislature, the National Assembly, is holding a blockchain symposium today. Notably, the day features a closing statement by Emmanuel Macron, France's Minister of Economy, Industry and Digital Data. The event, titled "Blockchain: Disruption and Opportunities", features three panels and is set to host a range of representatives from the French public and private sectors, including France's bitcoin and blockchain community. Startups represented include Paymium, Stratumn and Slock.it, among others. The aim of the event, according to a Google Translation of its....
Bitcoin posted its most stable year in 2015. Does the emergence of regulated bitcoin exchanges have something to do with it? Cameron Winklevoss, president and co-founder of Gemini, thinks it does. As an officer for a regulated exchange, Winklevoss is not an unbiased observer. Nonetheless, Finance Magnate deemed his input relevant in exploring what impact regulated exchanges are having on attracting more mainstream investors to bitcoin. Gemini is one of two exchanges regulated as a financial services entity by the New York Department of Financial Services (NYDFS), the other being itBit.
Bitcoin looks set for a fall as a surging U.S. dollar sparks suspicion based on an equally grim macro picture. Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance?The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020. As cold feet over the macro market outlook continues to be the norm, there seems little to comfort bulls as the week gets underway — and Bitcoin is not done selling off yet.On the back of $4,000 in losses over the past four days alone, price targets....