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Bruno Le Maire: France One Step Ahead in Blockchain Revolution



The recent G20 financial summit in Buenos Aires is currently the fulcrum upon which the future of cryptocurrency regulation balances, with financial leaders from the top 20 largest economies in the world announcing a July deadline for the implementation of new regulatory standards.

French Minister of Finance Bruno Le Maire, however, has taken a strong pro-crypto stance, highlighting the critical role cryptocurrencies are beginning to play in the world economy.

Le Maire published an op-ed on French finance platform Numerama earlier last week, announcing a bullish position on cryptocurrency and emphasizing the importance of blockchain technology to the future of France, stating that the country “will not miss the blockchain revolution.”

“France is one step ahead in FinTech. A revolution is underway, of which bitcoin was only the precursor. The blockchain will offer new opportunities to our startups, for example, with initial coin offerings that will allow them to raise funds through tokens.”

Tribune : Cryptoactifs, blockchain & ICO : comment la France veut rester à la pointe, par Bruno Le…

Dans une tribune que nous publions en exclusivité, le ministre de l’Économie et des Finances Bruno Le Maire donne sa vision du rôle de la France dans l’économie de la blockchain et des cryptomonnai…

Liberty, Equality, Fraternity… Bitcoin?

Le Maire has undergone an apparent rapid conversion to cryptocurrency proponent, pivoting from a cautious stance expressed late last year in statements made to French news channel LCI:

“There is evidently a risk of speculation. We need to consider and examine this and see how (…) with all the other G20 members we can regulate bitcoin.”

France is no stranger to revolution — Finance Minister Le Maire now appears to have adopted the potential impact of the blockchain revolution wholeheartedly, stating in his op-ed that widespread cryptocurrency adoption could potentially disrupt not only “daily practices in the banking and insurance sectors, financial markets, but also patents and certified acts.”

While Le Maire is explicitly positive regarding the impact of cryptocurrency on the global economy, the Minister has also highlighted the importance of regulation in the cryptocurrency sector, stating that “No consumer … or entrepreneur can carry out a transaction, can invest, or can develop a business in a regulatory vacuum.”

“We agree that crypto-assets can be very interesting for everyone. And we – obviously – are in favor of blockchain technology, which can provide very good support to financial assets in Europe or anywhere in the world. We are in favor of these technologies, but we want these technologies to be secure and therefore we need to define very clear measures for their regulation.”

G20 Adopts Progressive Stance on Cryptocurrency

Le Maire’s statements echo those of Spanish Economy Minister Román Escolano Olivares, who stated at the G20 summit that cryptocurrencies are “not a threat” to the global financial system:

“The general agreement we have reached, is that right now we cannot think that crypto-assets are a risk to global financial stability, but it’s a subject we need to actively monitor.”

market experienced a strong positive rebound on the 18th of March after the announcement of a more moderate stance toward crypto regulation from G20 watchdog chairman and Bank of England Governor Mark Carney.

The overall reaction of G20 financial summit members to the issue of cryptocurrency regulation has been demonstrably positive — while no concrete regulatory responses have been announced, pro-crypto sentiments expressed from leading economic influencers such as Le Maire and Olivares show that cryptocurrency regulation, when it does come, will be established with an appreciation for the revolutionary potential of distributed ledger technology.


Binance Blocking 13 States From New US-Based Crypto Exchange



Binance says 13 states will be blocked from its new crypto exchange Binance.US.

The exchange, which is set to accept initial registrations on Wednesday, will prohibit customers in the following states as it works to ensure its platform is compliant across the US.

Blocked states

  • Alabama
  • Alaska
  • Connecticut
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Louisiana
  • New York
  • North Carolina
  • Texas
  • Vermont
  • Washington

Binance.US CEO Catherine Cooley says the exchange will keep pressing to ensure the platform is available to all US citizens.

“Although it is upsetting that we cannot offer Binance.US in the states where I grew up and earned my education at this time, please rest assured that this is just the beginning, and it is our mission to bring access to those of you in these states many of us call home…

U.S. customers will be able to buy listed coins with USD through ACH or wire transfer methods. We will be exploring other options based on the demand of our users.”

The platform will debut with six supported cryptocurrencies including Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, and Tether.

Users who have coins that are not available for trading on the platform can still store the assets on Binance.US.

“All coins/tokens not yet listed on Binance.US can still be stored with other custodians in the custody method of your choice (ex. hot wallet, cold storage, etc.) and traded on other venues that have live order books in those pairs. Over the coming weeks, we will be adding coins that satisfy our Digital Asset Risk Assessment Framework.”

According to Cooley, the platform plans to steadily add more coins after its initial launch.

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Bitcoin, HTC collaborate on cryptocurrency smartphone


on is going mobile.

The cryptocurrency inventor has announced that it is working with telecommunications manufacturer HTC on developing crypto technologies, starting with its smartphones.

In a press release, said it is beginning a long-term partnership with HTC, which has developed a smartphone with a pre-loaded Bitcoin Cash (BCH) support app.

People who buy an EXODUS 1 from HTC won’t have to download a BCH wallet app onto their phones. For people who already have an EXODUS 1, they just have to update the software on their phone, the release said.


“The EXODUS vision has always aligned itself towards public blockchains and its fundamental transformative nature of the future of money and the Internet,” Phil Chen, Decentralized Chief Officer at HTC said in a statement.

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“The Zion Vault is happy to support BCHnatively in hardware for security to go hand in hand with the BCH blockchain as an alternative to dominant payment rails and platforms,” Chen added.

However, the automatically downloaded Bitcoin app isn’t the only way the two companies are partnering.

They also plan to offer special discounts for buying phones using Bitcoin Cash as well as selling EXODUS phones on Bitcoin’s store.

“There are so many synergies between and HTC. We are very excited to be on this incredible journey together,”’s CEO Stefan Rust said in the release.

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Ethereum Uppercuts Bitcoin



Ethereum has been an outperformer this week in the crypto space, after breaking out of a bullish wedge. Week to date, Ethereum (ETH) has rallied over 17 whilst a tailgating Ripple (XRP) is hot on its heels, both of which have left Bitcoin (BTC) for dust which traders -0.3% lower. Yesterday it was announced that Aztec, a company focussed on privacy-centric tools, has begun a 30-day ignition ceremony to roll out its workaround for “private transactions” on ETH, which appears to have helped it break above 203.95 resistance.

We can see on the daily chart that ETH produced a slight bullish divergence with RSI whilst its bullish wedge took shape. After a lacklustre breakout, it appeared the pattern was on the brink of failure, yet prices held above the 164.12 low before building up bullish momentum ahead of the trend’s acceleration. RSI has not reached overbought territory on the daily chart. And besides, a momentum high does not always mean a price high (as we need to allow for a divergence to form).

With the bullish wedge now in play, bulls could target the $240 high at the base of the wedge.

  • A break above 217.33 assumes a run for the 240 high, although traders could look to buy dips above 203.95 support.
  • RSI is currently overbought and a bearish pinbar has appeared to warn of near-term exhaustion. However, given the strength of daily RSI, prices might consolidate or provide a relatively shallow retracement before breaking higher.
  • Ultimately, the four-hour trend remains bullish above 188.83, so bulls could look for a higher low to materialise before considering buying any dips.

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