France Financial News

12.05 / 07:13

Drop reports Societe Generale reports Q1 revenue drop

Societe Generale reported a drop in first-quarter revenue driven by a decrease in net interest margin in France, but a rise in its quarterly profit.

11.05 / 17:31

COST Citi Provident FIVE Booking Airlines Costs Travel costs fell in April's inflation reading. The dip may be short-lived, experts warn

Travel in 2023 has been expensive. Indeed, some prices — like those for international flights — have hitrecord highs.

11.05 / 10:47

regulation Bitcoin Prison Fine Time Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco

A crypto user who purchased a luxury car with Bitcoin (BTC) has faced a sentence of 18 months in prison and a $3.7 million fine in Morocco, which still considers the use of crypto as an illegal act.

10.05 / 21:49

regulation Congress legislation lawmakers crypto legislation us house US House Lawmakers on Both Sides Seemingly Agree on Need for Crypto Legislation

Lawmakers on both sides of the aisle seem to be reaching some sort of agreement on the need for legislation to regulate cryptocurrency.

10.05 / 13:23

Citi Digital Citizens Platform Chinese Province Unveils Digital Yuan Adoption Plan & City Says ‘All’ Buses Now Accept CBDC

Chinese provinces are continuing to push digital yuan adoption, with the central bank digital currency (CBDC) set to find new uses in the worlds of education and public transport.

10.05 / 13:05

UPS Booking Extreme Apple Matrix Apple versus the world: The iPhone maker is bigger than almost any stock market in the world

Dimensional's Matrix Book is an annual review of global returns that highlight the power of compound investing. It's a fascinating document: you can look up the compounded growth rate of the S&P 500 for every year going back to 1926.

10.05 / 06:39

Credit Agricole beats expectations but Amundi bleeds €11bn

Credit Agricole on 10 May posted a rise in first-quarter earnings that beat expectations.

09.05 / 14:15

business Blockchain Liquidity Tokens AIM Accessibility Private equity tokens aim to bring greater liquidity, transparency and accessibility

As the burgeoning blockchain technology paradigm has continued to evolve, a whole host of unique asset classes have started to make their way into the mainstream. Private equity tokens are one such offering, serving as digital representations of ownership in private equity investments powered by a decentralized ledger.

08.05 / 20:33

Mining regulation white house Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8

Last week brought several significant international developments in regulation. Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. While local payment providers refuse to comment on the decision, Argentina’s fintech chamber urged the government to reconsider, claiming that “it limits access to a technology that offers multiple benefits and opportunities for our society.”

05.05 / 18:13

business Government Blockchain CBDC Financial Services Bank of China BNP Paribas teams up with Bank of China to promote digital yuan usage

The French bank BNP Paribas is collaborating with the Bank of China (BOC) to promote China's digital currency, the digital yuan, to its corporate clients, the South China Morning Post reported.

05.05 / 10:51

Bank boost China CBDC Banking Giant BNP Paribas to Launch China CBDC Wallet Platform – A Boost for the Digital Yuan?

The Chinese arm of the French banking titan BNP Paribas announced it will launch a digital yuan wallet management platform, in another boost for China’s central bank digital currency (CBDC).

04.05 / 19:37

Stablecoin Congress Digital Asset hearing services Financial House Financial Services and Agriculture Subcommitees To Hold Digital Assets Hearing

A House Financial Services Committee panel together with a House Agriculture subcommittee plan to unpack digital asset regulation during a hearing next week.

04.05 / 18:13

Blockchain Provident Digital VISA Aware Platform Senators French Senators Propose Allowing Influencers to Promote Registered Crypto Firms

The French Senate’s Committee on Economic Affairs has proposed a new law allowing social media influencers to promote cryptocurrency on their platforms.

04.05 / 10:05

BTC Legal Bitcoin Jailed French Crypto ‘Fraudster’ Loses Appeal in Morocco

A French crypto “fraudster” has had his jail sentence upheld in Morocco after a court found him guilty of using Bitcoin (BTC) to buy luxury goods.

04.05 / 10:05

Adoption Europe Asia UK Lisbon Leads the Way as the World's Premier Crypto Hub, Outranking New York and Berlin: Report

Portuguese capital takes the top spot among the world's most important crypto hubs - ahead of New York, Berlin, and Paris, according to a report by European crypto investment firm Greenfield.

03.05 / 19:39

Government regulation Social Media Europe European Union French Senate proposal would allow influencers to promote cryptocurrency

The French Senate’s Committee on Economic Affairs recently approved an amendment to pending legislation allowing registered cryptocurrency companies to hire social media influencers for advertising and promotional purposes.

03.05 / 16:15

Law regulation Dark Web Global Dark Web Crackdown: 288 Arrested, Drugs, Guns, and Crypto Seized

The US and international law enforcement have made 288 arrests and seized over $53 million in cash and cryptocurrency as part of a major dark web crackdown.

03.05 / 06:45

BNP boosted by sale of Bank of the West

BNP Paribas said on 3 May that first-quarter revenue and earnings rose, helped by growth in all divisions and by the sale of Bank of the West.

30.04 / 13:13

Blockchain Digital NFT Fighting Discover McDonald’s What are some ways to avoid IP infringements in the NFT space?

While nonfungible tokens (NFTs) have been gaining traction since the start of the year, the hype element is now fading away. More digital artists and creators worldwide are using NFTs to monetize their work with minimal investment, transforming the digital art space. Nevertheless, the blurred lines between artistic expression, plagiarism and trademark infringement have caused legal challenges, as regulations around cryptocurrencies and digital collectibles aren’t cast in stone yet.

29.04 / 15:53

UPS Waves ETF Remark play Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to capture the gains from their outperformance.

29.04 / 03:31

regulation us government Congress Senate bills Congressman McHenry announces joint hearings to address market structure around digital assets

Patrick McHenry, the Chairman of the House Financial Services Committee, has announced a series of joint hearings in May that will focus on addressing the market structure around digital assets in the U.S.

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