City Paris Financial News

An intense and unprecedently early heatwave is baking western Europe, with temperatures in many places topping 40C Saturday. 

Just like NATO, the European Union has its own mutual defence clause.

Rafael Nadal pulled away to beat Casper Ruud 6-3, 6-3, 6-0 in the French Open final on Sunday for his 14th championship at Roland Garros and 22nd Grand Slam title overall, adding to two records he already owned.

Real Madrid beat Liverpool 1-0 to win Europe's premier football contest for a record 14th time. 

The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up crypto-asset regulation, Reuters reported Thursday, citing a copy of a communique it had obtained. The officials from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States were meeting in Koenigswinter, Germany, following a G7 foreign ministers’ meeting earlier in the week.

G7 to discuss crypto-asset regulation, says French central banker

Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

After securing the right to offer its services in the French market, major crypto exchange Binance plans to hire up to 250 employees in France and hopes this new license will help expand in other markets too. 

Binance, the world’s largest crypto exchange, is planting a foot in Paris as it seeks to establish itself as a regulated financial player.

Binance has been granted approval from regulators to operate its cryptocurrency exchange in France.

Binance Holdings Ltd., the world’s largest cryptocurrency exchange by trading volume, has secured regulatory approval from the French government, boosting its operational plans across the European continent.

Swiss privacy startup Nym Technologies announced it has secured $300 million in commitments from venture capital partners in support of the NYM Innovation Fund. Nym intends to issue grants to developers and incentivize them to build on top of Nym's decentralized infrastructure. This funding comes a couple of weeks after its native token NYM launched on major crypto exchanges, including OKX and Huobi. 

Friday wraps up the last day of campaigning for the presidential election in France. Emmanuel Macron and Marine Le Pen were both out in force, hoping to win over those last remaining undecided voters.

Last week was the Paris Blockchain Week, and the epicenter of crypto policy and regulatory conversation moved to the French capital accordingly. Cointelegraph reported extensively from the ground and ran a series of interviews with some of the crypto industry’s captains who shared their thoughts on the state of regulatory affairs. For one, Binance’s Changpeng Zhao said that he was excited to see regulators embracing financial innovation and introducing crypto-friendly policies, calling it a major trend of 2022. Bertrand Perez, chief operating officer of the Web3 Foundation, opined that many policymakers, including some in the European Union, still tend to act too fast on crypto regulation without getting properly educated on the subject first. Ripple’s Brad Garlinghouse even filled in the Blockchain Week crowd on the latest developments in the company’s court struggle against the United States Securities and Exchange Commission, which indeed saw some upside for the issuer of Ripple’s XRP.

Binance, the world’s biggest cryptocurrency exchange, has set its sights on France and announced it will help develop Web3 and blockchain projects in Paris.

Paris Blockchain Week Summit (PBWS), a flagship European blockchain conference hosted at Palais Brongniart in Paris, started on Wednesday with an all-star cast. Fresh after announcing its French version, Cointelegraph has set up a team for the event to present the latest updates for the event in a real-time fashion. 

Cointelegraph is delighted to announce the launch of its French edition, Cointelegraph France, providing the latest cryptocurrency and blockchain news en français and marking another historic milestone in the publication’s global presence.

In the past week, digital asset investment products witnessed the most significant inflows so far this year at $193 million. Interestingly, Europe saw a majority of the flow, in this case, some 76% of total inflows at $147 million. 

The American exchange-traded fund (ETF) provider WisdomTree continues expanding its cryptocurrency products in Europe by launching three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA) and Polkadot (DOT).

The European Union should "do more" for Ukraine, Volodymyr Zelenskyy said on Friday, after European leaders poured cold water on the country quickly joining the bloc.