French authorities have escalated their scrutiny of Binance, the world’s largest cryptocurrency exchange, by launching a judicial probe into allegations of money laundering, tax fraud, and other financial crimes, Reuters reported.
Binance is reportedly under tax fraud and money laundering probe in France. Reuters reported on Jan. 28 that France’s prosecutors are investigating Binance over activities between 2019 and 2024.
France’s financial giant BPCE will start offering crypto investments to its customers via its crypto subsidiary Hexarq in 2025. According to The Big Whale, France’s second-largest bank BPCE will enable Bitcoin (BTC) and crypto asset purchases after its subsidiary obtained…
French Parliament Member, Sarah Knafo, urges the EU to ‘bet on Bitcoin’ by building national strategic Bitcoin reserves while rejecting the central bank’s plan for a digital euro. In a video shared on her X account on Dec. 17, Knafo…
French electronics giant Metavasio, under the brand name Thomson Computing, has launched the world’s first web3 laptop, offering digital asset storage capabilities and support for decentralized applications.
The French government proposes replacing the real estate wealth tax with an “unproductive wealth tax” that targets dormant assets, including cryptocurrencies, luxury goods, and other unused real estate.