Tagged: france

October 27, 2018 @ 8:24 pm By JD Alois  |  

In much of the world, digital asset companies are frequently accompanied by challenges with the traditional financial system. Initial coin offering issuers and crypto-intermediaries regularly find themselves struggling to open a simple bank account. In France, this will not be the case according to a… Read More

October 26, 2018 @ 5:29 pm By JD Alois  |  

Groupama AM and Tikehau Capital have joined to create the Groupama Tikehau Diversified Debt Fund (GTDDF). This new fund has the European Investment Fund (EIF) as an anchor investor and will help finance European SMEs but mainly French ones, according to a release. The GTDDF is… Read More

October 22, 2018 @ 3:00 am By JD Alois  |  

DESICO, a platform designed issue and trade tokenized securities that says it is in full compliance with the law, will issue its own security token offering (STO). The “DESI” tokens will be issued under EU law as DESICO is based in both Paris and Vilnius. DESICO… Read More

October 20, 2018 @ 8:29 am By Therese Torris  |  

French peer to peer lender Unilend has gone into receivership. The P2P lender announced the news to all of its customers in a recent email. Founded in 2013 by Nicolas Lesur and François Prioux, Unilend pioneered P2P lending in France. It started operating, before crowdfunding… Read More

October 19, 2018 @ 8:05 am By JD Alois  |  

The Financement Participatif France (FPF), the French Crowdfunding Association, has published an interesting blog post this week. According to the FPF, there are rumors which have been published about a distressed online lending platform. The FPF does not mention any platform names. Today, there are over 60… Read More

October 17, 2018 @ 11:04 am By JD Alois  |  

Recently, KPMG and Financement Participatif France (FPF – The French Crowdfunding Association) published a report pertaining to crowdfunding sector performance during the first half of 2018. The term crowdfunding relates to both debt and equity online capital formation, similar to many other parts of the… Read More

October 7, 2018 @ 9:01 pm By Therese Torris  |  

A leading French equity platform, Anaxago is launching an asset management firm, Anaxago Capital, to attract more institutional investors and ready itself to fund larger projects. With this, Anaxago expects to double its outstanding investments by 2020. We spoke with Caroline Lamaud, Co-founder and Chairman… Read More

October 3, 2018 @ 10:07 am By Samantha Hurst  |  

Société Générale, France’s third-largest bank, announced earlier this week the launch of its new Global Markets Incubator, which is dedicated to fintech companies that are specializing in market activities. According to the bank, through the incubator, Societe Generale Corporate & Investment Banking (SG CIB) adopts a… Read More

October 2, 2018 @ 2:53 pm By Cali Haan  |  

A police officer working for a French intelligence agency tasked with maintaining national security inside France has been arrested and detained for allegedly selling state secrets for Bitcoin on the Darknet, Le Parisien reports. The officer was reportedly working as part of “a sensitive division”… Read More

October 2, 2018 @ 12:24 pm By JD Alois  |  

The Bitcoin Foundation has submitted an opposition letter to the French Parliament Special Commission which is currently reviewing the PACTE legislation that is ostensibly designed to empower initial coin offerings (ICOs) in France. The Bitcoin Foundation “strongly opposes” an amendment apparently submitted on Friday, September… Read More

October 1, 2018 @ 10:01 pm By Cali Haan  |  

A show of Bitcoin- and cryptocurrency-inspired artworks is being held to celebrate the 10th anniversary of the invention of Bitcoin and explore ways that Bitcoin and blockchains might be used to “disintermediate” the art world. The show runs September 28th to October 5th, from 10am to… Read More

September 28, 2018 @ 11:38 am By Samantha Hurst  |  

Société Générale, France’s third-largest bank, announced on Thursday it has acquired French fintech startup, Treezor. The latest acquisition comes just a few months after Société Générale acquired Lumo, the pioneering crowdfunding platform dedicated to renewable energies. Founded in 2015, Treezor is described as one of France’s pioneering Banking-as-a-Service… Read More

September 13, 2018 @ 5:30 pm By JD Alois  |  

A Special Commission of the National Assembly in France approved a key framework today in pursuit of bespoke regulation for initial coin offerings (ICOs). This is according to a report in Les Echos that stated “Article 26” was adopted earlier today – part of the… Read More

September 6, 2018 @ 7:23 am By Erin Hobey  |  

Last December distributed ledger technology was presented to and approved by the Council of Ministers in France with the caveat that Blockchain may not be used for listed securities as this sector is governed by EU law. The aim was to improve the industry’s transparency, authentication… Read More

September 5, 2018 @ 12:12 pm By JD Alois  |  

Speaking at the very first OECD Blockchain Policy Forum taking place in Paris this week, OECD Secretary General Angel Gurria opened the conference calling blockchain (or distributed ledger technology) an “unprecedented technological revolution.” The Forum saw the participation of multiple public officials including the Premier… Read More

September 4, 2018 @ 5:42 pm By JD Alois  |  

DESICO, based in Paris and in Vilnius,  wants to join the growing group of platforms seeking to issue and trade security tokens. DESICO is also issuing its own “DESI Token” as part of its platform. Even while the initial coin offering (ICO) market stumbles, security… Read More

September 1, 2018 @ 1:28 pm By Cali Haan  |  

A Russian lawmaker, Vladimir Gutenev, told Russian news agency TASS  last week that Russia should consider ‘an asymmetric response’ to US pressure and sanctions, including deployment of nuclear weapons to Syria, suspension of missile non-proliferation treaties and development of a gold-backed cryptocurrency to help Russian… Read More

September 1, 2018 @ 8:07 am By JD Alois  |  

Paris based Younited Credit, a leading retail online lending platform in Continental Europe, has announced that it has exceeded € 200 million in outstanding loans from its Younited France fund, which provides credit to French residents. At the end of August 2018, Younited Credit had financed… Read More

August 14, 2018 @ 6:02 pm By JD Alois  |  

Even the Organization for Economic Cooperation and Development (OECD) is interested in blockchain these days. The international organization that is focused on promoting policies that will improve the economic plight of everyone around the world has scheduled a blockchain event in Paris for this September…. Read More

August 3, 2018 @ 1:07 pm By JD Alois  |  

Bpifrance, a French public investment bank, is looking to support initial coin offerings. According to a report in Les Echos, the leading French business newspaper, Bpifrance wants to be ready to support “cryptomonnaies” before the Pact law goes into effect. It was announced earlier this… Read More