French soccer sensation Kylian Mbappe is suing scammers who used his image to promote a digital currency scam. The scam promised incredibly huge returns.
The French central bank has put out a call for applications to experiment with a central bank digital currency. However, it may not end up issuing a CBDC.
The French financial markets regulator has called on other European countries to implement enabling regulations for digital currencies and blockchain technology.
BNP Paribas is prohibiting its clients from sending funds to the exchange, despite the country’s open stance on digital currency.
Vinnik’s lawyer claims that Greece has some political and vested interests against her client, adding that he was on arbitrary detention against the Greek laws.
Authorities in Belgium, France and Israel have arrested ten people accused of orchestrating a cryptocurrency pyramid scheme that cost investors $6.6 million.
A tech entrepreneur turned into a crypto hacker and stole over $1M from his ex-colleagues as an act of revenge after leadership disputes led to his dismissal.
France has implemented new rules which will see crypto firms report to the regulator on their security practices, AML guidelines, data protection and more.
Alleged BTC-e operator Alexander Vinnik is to be extradited to France after 17 months of detention in Greece. The Russian government is very displeased.
France is keen on launching the first CBDC ahead of China, as giants such a KT Corporation, Microsoft and China Mobile launched blockchain projects.
France intends to test its central bank digital currency in the first quarter of 2020, intending to become the first in Europe to do so.