France Financial News

FIFA, an international governing body for many major soccer tournaments, has announced that cryptocurrency exchange Crypto.com will be an official sponsor of its next World Cup in Qatar.

European countries, including the U.K., Germany and France, lifted their Covid-19 restrictions “too brutally” and are now struggling with rising cases again as the highly transmissible BA.2 variant spreads, according to the European head of the World Health Organization.

Bank of International Settlement (BIS) Innovation Hub has completed an experimental central bank digital currency (CBDC) platform pilot for international settlement with the central banks of Australia, Malaysia, Singapore and South Africa.

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On Monday, Euroclear, a securities clearing firm that claims it has over 37.6 trillion euros in assets under custody, announced an investment into Fnality, a consortium of financial institutions focused on the regulated adoption of tokenized assets and marketplaces, for an undisclosed amount. Meanwhile, Euroclear is also focusing on developing its distributed ledger technology, or DLT, to settle digital securities against digital cash through the partnership. 

The European Union is mulling imposing an embargo on Russian oil and coal — but not gas — as part of its next round of sanctions but the impact on Moscow may be limited.

At least six people were killed on Sunday night after the shelling of a shopping centre in Kyiv.

The depository says that recent experiments conducted with the Banque de France on the settlement of Government bonds using a central-bank backed digital currency demonstrated that blockchain technology is suitable to manage post-trade market operations in CBDC.Fnality last month moved one step closer to launch after two major European banks successfully conducted a proof of concept showcasing the benefits of distributed ledger technology (DLT) in offering near-instant settlement in capital markets and payments.Rhomaios Ram, CEO Fnality International says: “As we progress from testing to real-world implementation, welcoming Euroclear Group as an investor into the Fnality International consortium will significantly enhance the diversification of Fnality’s network and expand our industry footprint, especially around Financial Market Infrastructure.

Algeria has recalled its ambassador to Spain after Madrid changed a 42-year-old policy towards its former colony Western Sahara.

A Chinese airliner with 133 people on board crashed in the southern province of Guangxi on Monday, state media has reported.

Germany is scaling back its COVID protection measures as the amended Infection Protection Act came into force on Sunday.

Authorities in the besieged Ukrainian port of Mariupol made further claims of Russian atrocities on Sunday, as fighting reportedly continued inside the city where thousands of people remain trapped.

France has held a nationwide ceremony to mark the 10th anniversary of the terror attacks in Toulouse and Montauban.

Russia President Vladimir Putin has repackaged his rhetoric in a much more strident and virulent form, an expert has told Euronews.

Holders Chelsea have been drawn against the record 13-time winners Real Madrid in the quarter-finals of the UEFA Champions League.

French President Emmanuel Macron has unveiled his proposals to boost the national economy if he wins a second term at next month’s elections.

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Nearly 150 million people use the franc of the Financial Community of Africa (CFA) on a daily basis, from Senegal in the extreme west to Gabon in the center of the continent.

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France-based hardware wallet manufacturer Ledger sounded an alarm about a possible EU-wide ban on cryptoassets that are using the proof-of-work (PoW) consensus mechanism, calling people to contact members of the European Parliament (MEPs) and oppose the move.

BNP Paribas hired Nomura's former head of Asian M&A for its UK business as the French bank continues to build out its team of dealmakers in the country.