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French police arrest terror financing ring that used Bitcoin coupons

The terror financing ring reportedly bought cryptocurrency coupons in licensed tobacco shops across France. A large goup of accomplaces allegedly financing a jihadist network in Syria have been arrested after a sting operation by French police — despite choosing cryptocurrency coupons in an attempt to cover their tracks. In a statement, police said that "constant surveillance of these networks prompted terrorist organisations to seek more opacity by using cryptocurrencies such as Bitcoin," as reported on Sept. 30. Since 2019, the 29 accomplices have allegedly been supporting the operations of an  Al-Qaeda affiliate terror organization, called “Hayat Tahrir Al-Sham.”  The network’s…

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French and Italian Regulators Go After Unlicensed Crypto Services 

Cryptocurrency scams have continued to grow, and their influence is reaching even the farthest parts of the world. However, regulators worldwide are also improving their ability to track and apprehend these criminal enterprises’ operators. AMF Cleans Its Crypto Investment Space Earlier this week, Autorité des marchés financiers (AMF), France’s top financial regulator, sent out a list of investment companies operating within its borders without the proper authorization. While the companies provide investments in different asset classes, some are also linked with cryptocurrencies. Most notable among the crypto-linked scam sites is BitcoinFrance. Per the report, the company promises users free access to…

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BNP Paribas connects to major stock exchanges with DAML smart contracts

The DAML smart contract language is getting more popular. BNP Paribas' securities arm has partnered with Digital Asset to develop a number of real-time trade and settlement applications using DAML-based smart contracts, the firm announced on Sept. 15. The new DAML-driven apps will connect BNP Paribas Securities Services with major global stock exchanges like the Australian Securities Exchange (ASX) and the Hong Kong Exchange (HKEX). The apps will provide market participants in the Asia Pacific with real-time access to ASX and HKEX’s upcoming blockchain-based trading and settlement platforms. BNP Paribas will specifically connect to the ASX’s blockchain-powered equity transaction platform known…

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French Policymaker Calls for Private-Public Collaboration on Digital Euro 

Whether collectively or individually, the European Union continues to make the news for its growing positivity towards a Central Bank Digital Currency (CBDC). This week, at a meeting of policymakers, Francois Villeroy de Galhau, the Governor of the Banque de France, suggested that governments be willing to partner with private firms to bring such an asset to life. Leveraging on Private Companies’ Superior Infrastructures In a speech at the Bundesbank conference earlier today, Galhau explained that the European Union should focus on issuing a CBDC that will serve retail users. However, he pointed out that input from the private sector should…

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French Central Bank Chief Tastes Public-Private Partnership for Probable Digital Euro

The Chief of France’s Central Bank has articulated of the potential benefits of private sector involvement in the development & issuance of a forthcoming European digital currency. Francois Villeroy de Galhau, governor of the Banque de France, supposed in a speech Friday that a public/private partnership would be the most acceptable way to issue a central bank digital currency (CBDC) to retail users. His commentaries were made at a conference held by the German central bank – the same event where the chief of the European Central Bank (ECB), Christine Lagarde, thought Thursday that the European Union had tumbled behind…

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Bitcoin Adoption: Just Eat France Now Accepts BTC Payments in Over 15,000 Restaurants

Food delivery company Just Eat, which serves over 15,000 restaurants in France, now accepts payments in Bitcoin. This has been facilitated by US-based crypto payment processor BitPay.  Covid-19 Has Accelerated Online Food Delivery and Crypto Home delivery services have experienced an unprecedented increase in demand in recent times due to lockdown restrictions brought about by Read MoreRead More. The post by Evan Ezquer appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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Just Eat adds Bitcoin payments for 15,000 restaurants in France

The price of Bitcoin will be calculated depending on its current price on Bitpay and the delivery platform. Just Eat, a major British online food order and delivery platform operating across 13 countries, has added cryptocurrency payment support for its France subsidiary. The company has partnered with the cryptocurrency payment provider Bitpay to allow its users to pay in Bitcoin (BTC). Just Eat users will now be able to order food from across 15,000 restaurants in France by paying in either of these cryptocurrencies, Decrypt first reported on Sept. 7. Seemingly, the addition of crypto payments comes after the acquisition…

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Food ordering company Just Eat France now accepts Bitcoin payments 

Customers in France can now pay in Bitcoin when they order from Just Eat France which is an online food ordering company and a part of the UK based Just Eat group. Moreover, the platform announced on its website that it would use Bitpay as its BTC payment provider. There was no official announcement about the collaboration between Just Eat France and Bitpay, a leading cryptocurrency payment processor.  The company which can be compared to Uber Eats also published instructions to help users make payments through BTC and said it would not charge its customers with any fees for Bitcoin…

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President Macron Could Leverage Blockchain to Transform Lebanon Aid

Blockchain technology has the potential to bring transparency to the deployment of financial aid. Israeli blockchain startup Orbs has published an open letter to French President, Emmanuel Macron. This letter promotes the use of blockchain technology to manage foreign aid following the tragic explosion in Beirut on August 4.Blockchain’s transparency and accountability could help reassure both private donors and governments that the financial aid they provide is being deployed effectively, it says.Catastrophic events such as those in Lebanon tend to spur pledges of much needed humanitarian aid from around the world.President Macron of Lebanese former colonial power, France, wasted no…

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Two experts lead Bitpanda’s country expansions in France and Spain

Read this article in German, French or Spanish.We at Bitpanda, the leading European digital investment platform, announced our expansions to France and Spain recently. Now, we are proud to announce the appointment of two industry experts as country managers to further lead those expansion efforts.Giulia Mazzolini recently took on the Country Manager role for France, and Alejandro Zala Navarro is spearheading the expansion to the Spanish market as Country Manager there. In their positions, they will be responsible for consolidating the initial success of Bitpanda’s launch in France and Spain, as well as developing Bitpanda’s presence in the markets.Giulia Mazzolini…

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Alexander Vinnik Facеs Trial In France For Laundering 300K BTC

Alexander Vinnik faces trial in France according to the latest Court order, for laundering 300,000 Bitcoins through the crypto exchange BTC-e. Following our latest Bitcoin scam news, we find out more about the court decision. The Russian National accused of laundering 300,000 BTC Alexander Vinnik faces a trial in France first. According to the news Agency France-Presse, the Paris Judge ordered the Russian national to stand trial for extortion, criminal association, money laundering and fraudulently accessing data and modifying it in a data processing system. The AFP stated that the French authorities accused Vinnik of defrauding more than 100 people…

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Judge Orders Trial in France for Alleged BTC Launderer Alexander Vinnik

Alexander Vinnik, the Russian national accused of laundering 300K Bitcoin through crypto exchange BTC-e, may now face trial in France. Also awaiting charges in the United States and Russia, suspected Bitcoin money launderer Alexander Vinnik could be facing a trial in France first.According to news agency Agence France-Presse (AFP), a Paris judge has ordered the Russian national to stand trial for extortion, money laundering, criminal association, and fraudulently accessing and modifying data in data processing systems. The AFP stated French authorities have accused Vinnik of defrauding more than 100 people out of $160 million between 2016 and 2018.Vinnik, also known as…

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French Prosecutors Ready to Begin Trial for Alexander Vinnick

Alexander Vinnick, a former crypto exchange operator and alleged money launderer, is gearing up to have his day in court. This week, reports confirmed that justice authorities in France had set the ball rolling for his trial, which could begin as early as next week. Vinnick’s Long Road Here A report from local news source L’Equipe highlighted that French prosecutors had filed a petition to begin proceedings against Vinnick. The convicted criminal could be looking at a lengthy spell behind bars, although there’s every indication that this won’t be the end of the road for him as far as trials go.…

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French Government Announces Partners for CBDC Trials

France is gearing up to begin tests with its possible Central Bank Digital Currency (CBDC). After initial progress on the subject, the government is now setting up experiments. Earlier this week, Banque de France, the country’s central bank, announced that it would be proceeding down the CBDC line with several and-picked partners. Proceeding to the Next Phase Per the press release, the bank picked eight potential candidates to test a possible CBDC integration. The statement highlighted that the bank would be targeting interbank settlements more precisely, showing that the potential CBDC might not be an all-encompassing solution. The approved partners include…

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Jamaican Central Bank Invites Tech Partners in Potential CBDC Test

The issue of Central Bank Digital Currencies (CBDCs) continues to be one of 2020’s hot-button issues. While several countries have remained stoic on the subject, a growing number also appears to be open to the potential of launching state-backed digital assets.  Jamaica’s Non-Cryptocurrency Digital Asset The latest in the line of accepting countries is Jamaica. Last week, the Bank of Jamaica announced that it was opening the doors for technology solutions providers to collaborate with it on a possible CBDC. As the bank’s announcement explained, applicants would have to submit proposals for a protocol to test and develop a potential CBDC.…

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Banque De France Announced Pilot Candidates For Researching and Testing CBDCs For Interbank Settlements

by Richard Kastelein Banque de France has selected a number of candidates to test and present solutions for a new French Central Bank Digital Currency (CBDC), including Swiss Bank SEBA, Accenture, Euroclear, HSBC, Iznes, LiquidShare, ProsperUS, SEBA Bank, and Société Générale. Banque de France announced the overview of candidates for their experiment. SEBA Bank is proud to see that Banque de France selected SEBA Bank according to Guido Bühler, CEO SEBA Bank. “We at SEBA Bank are very proud of this achievement, and to be selected by Banque de France honours us. It is a proof of concept that our…

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French Central Bank Picks Accenture, HSBC and Others for Digital Euro Pilot

The central bank of France is about to start several experimental trials centering the digital euro. Banque de France has picked eight potential candidates to test the integration of a CBDC for interbank settlements, according to the announcement published earlier today.The list of approved participants includes mainstream juggernauts like Accenture, HSBC, and Societe Generale, as well as smaller crypto-focused players like Seba Bank and LiquidShare.The announcement follows the central bank’s call for applications to experiment with the use of a digital euro, which it posted in March. At the time, the institution said it would select a maximum of 10…

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