bitcoin Bitcoin & Blockchain Investments Bitcoin Regulation Bruno Le Maire Crypto france 

Bitcoin Disrupts France’s Massive $2.5 Trillion Life Insurance Market

Get Exclusive Analysis and Investing Ideas of Future Assets on Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. If you’re wondering if bitcoin will ever attain wide-scale adoption, look no further than France. French insurance companies can soon include cryptocurrencies in life insurance contracts, thanks to a vote…

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bnp paribas Citigroup france United States World Finance 

France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu

BNP Paribas. Image from Shutterstock. According to multiple sources, BNP SA, known by many as the largest bank in France, reportedly made a loss of $80 million in derivative trades connected to the United States. The sources confirmed that Antoine Lours, the Head of U.S index trading at BNP, is yet to return to his position at the bank. Lours has been away on vacation since Christmas when he initiated trades on the S&P 500 Index. Increasing tensions between the United States and China over tariffs and trade disputes caused…

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Bitcoin & Blockchain Investments Blockchain News france 

Pro-Crypto French MPs Want to Invest 500 Million Euros to Make France ‘Blockchain Nation’

Two pro-crypto members of the French Parliament (Parlement français) want the country to invest up to 500 million euros in blockchain programs to elevate France as a “blockchain nation.” Deputies Jean-Michel Mis and Laure de La Raudière released a report on Dec. 12 outlining 20 proposals to support the development and mainstream adoption of blockchain, according to French financial newspaper Les Echos. “2019 will be the year of the blockchain in France,” Jean-Michel Mis said in the report, according to a rough translation. “This 10-year technology is moving out of the…

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bitcoin Bruno Le Maire Eric Woerth france Opinion PACTE regulation Sebastien Raspiler 

French Lawmakers Want to Give Bitcoin Investors a Tax Cut

Twitter Facebook LinkedIn According to a French news website, France’s lower house of parliament (Assemblée Nationale) has backed a proposed plan from its finance commission which will effectively bring the taxes on bitcoin gains in line with other capital gains taxes in the country. At present, bitcoin sales are taxed about 20 percent more than traditional capital gains or sales of stocks and other securities. The bill is spearheaded by Eric Woerth, the body’s finance committee chairman. It effectively brings the tax rate for bitcoin sales from more than 36 percent to…

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Alexander Vinnik bitcoin Bitcoin Crime btc-e france Robert Mueller russia 

Alleged Bitcoin Launderer Alexander Vinnik Questioned by French Officials

The legal saga surrounding alleged bitcoin launderer Alexander Vinnik continues to grow more complicated, as law enforcement officials in three separate countries jockey for the authorization to extradite the alleged BTC-e administrator from Greece, where is currently in local police custody. Russian state-operated news service TASS reports that French investigators questioned Vinnik on Monday in connection with what his lawyers have referred to as “trumped-up” charges in Paris. “Today, on October 1, 2018, French investigators will try to question Alexander Vinnik in Thessaloniki as part of a criminal case initiated…

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