The country's finance minister supported the Qivalis initiative, launched in 2025, to create a euro-pegged stablecoin under the MiCA framework.
France News
France, officially the French Republic, is a transcontinental state which has territories on several continents. The country is developed and takes one of the leading roles in industrial production. In terms of total economic volume, France is second after Germany in European Union and is the sixth in the world. In terms of cryptocurrency in France, the news is all about reducing taxes on virtual currencies. In France, the government has shown a position of support and the next step is going to be the creation of legal regulations to protect investors and users and to gain benefits for their national economy. Currently, a lot of participation in the cryptocurrency market in France relies on the policy of the president.
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Notable crypto execs descended on Paris Blockchain Week, bringing more attention to personal security as kidnapping and ransom attempts skyrocket.
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Jean-Didier Berger said at Paris Blockchain Week that France is preparing new steps to protect crypto holders as wrench attacks and kidnappings keep mounting.
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Societe Generale-FORGE said MetaMask will add its MiCA-compliant USDCV stablecoin, extending distribution for one of Europe’s bank-backed digital dollars.
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A Bank of France official called for tighter MiCA rules on non-euro stablecoins as lawmakers advance reporting requirements for self-custodial crypto wallets above 5,000 euros.
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French blockchain-based stock exchange Lise plans to host what it describes as a fully onchain IPO for ST Group.
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Crypto ETN adoption is spreading across Europe as banks expand offerings and the UK reopens retail access after lifting its ban.
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Spain’s Civil Guard detained a suspect wanted by France over the 2025 kidnapping of Ledger co-founder David Balland, in a case tied to a wider wave of crypto-targeted abductions.
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A French couple was forced to transfer about $1 million in Bitcoin during a fake police home invasion as wrench attacks keep rising, local media reported.
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French police arrested three suspects after a break-in targeting a Binance France executive, RTL reported. Binance has confirmed a home invasion involving an employee.
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Six people have been detained after a French magistrate and her mother were abducted in a crypto ransom plot, intensifying concerns over a surge in violent “wrench attacks” in France.
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A local news outlet reported that a hacking group called the Shiny Hunters sent ransom demands to Waltio after seizing personal data from about 50,000 users.
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Binance applied for a MiCA license in Greece shortly after France flagged the exchange as still unlicensed under MiCA ahead of June compliance deadlines.
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The Financial Times reports that Ledger is planning a US IPO at a $4 billion valuation as hardware wallet demand increases amid crypto fraud and hacks.
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At the World Economic Forum in Davos, the French central bank governor and Coinbase CEO clashed over whether trust in money comes from institutions or decentralized Bitcoin.
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