News list for "France"
BNP Paribas has joined the European stablecoin union, the CFO said.
Maybank Asset Management Singapore has partnered with Marketnode and BNP Paribas Securities Services to launch a tokenized version of the Maybank Money Market Fund (MMF). Marketnode is responsible for the tokenization and distribution, with BNP Paribas acting as the transfer agent. After tokenization, the fund will be more accessible, practical, and transferable, and the three parties will also...
France has urged the European Union's top market regulator to begin regulating major cryptocurrency firms as soon as major players expand across the continent. In a speech on Thursday, the governor of the Bank of France, François Villeroy de Gallo, suggested transferring regulatory authority over the sector's operations to the European Securities and Markets Authority to guarantee uniform application of standards across the European Union.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has previously disclosed that it is using the Ethereum L2 network Linea to test the on-chain messaging function. According to the latest news, BNP Paribas and BNY have begun to participate in the test. The project currently involves "more than a dozen Financial Institution Groups". A source who asked not to be named said that the full test work is expected to take several months to achieve, but it will bring an important tec...
Strategists at BNP Paribas said in a report that if the Federal Reserve announced a rate cut on Wednesday, the trend of the dollar could deviate from the historical trend. Historically, if there is no recession after the first rate cut, the dollar tends to rise in the following months, supported by capital inflows into the US stock market. If there is a recession, the dollar usually benefits from safe-haven inflows. However, this time the situation may be different: if the probability of a reces...
On August 8th, Trident Digital Tech Holdings (NASDAQ: TDTH) announced today that it plans to apply for stablecoin operating licenses in several African countries to promote the application of RLUSD in the African market. The company also plans to raise $500 million to establish a corporate XRP repository and strengthen its integration with the Ripple ecosystem.
BNP Paribas: The European Central Bank is no longer expected to cut policy rates in 2025 (previously forecast for September).
According to Reuters, French state-owned bank Bpifrance has launched 25 million euro fund to invest in emerging French crypto tokens.
据路透社消息，法国国有银行 Bpifrance 推出 2500 万欧元基金，用于投资法国新兴加密代币。
François Villeroy de Galhau, a member of the Governing Council of the European Central Bank (ECB) and governor of the Bank of France, said that the US government's support for cryptocurrencies could trigger the next financial crisis, and by encouraging crypto assets and non-bank financing, the US government is sowing the seeds of future turmoil. Villeroy added that Europe's more robust regulation of the crypto industry could help reduce systemic risk, warning that the US "could err by negligenc...
