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Industry Keyword: France

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Global regulators going ‘full steam’ to tame crypto currencies

Regulators came late to the fast evolving cross-border world of cryptoassets but they could come up with their first global framework of rules within months, a senior official has said. The Financial Stability Board, which...

EU and tech giants boost cooperation on fighting online hate

European justice ministers and tech giants Google's and Meta have agreed that a clear legal framework was needed to step up cooperation against online hate, France's justice minister said. Social media and online platforms face...

Metaverse won’t be turning point in cryptocurrency adoption, investor Chesnais says

The growth of online virtual worlds will help advance the mainstream adoption of cryptocurrencies for payment transactions but it won't be a game-changer, according to Frédéric Chesnais, CEO of French FinTech company Crypto Blockchain...

Regulator: Anti-money laundering credentials key for Binance’s Paris plans

France's financial sector regulator has said that crypto exchange Binance must focus on its anti-money laundering compliance if it wants regulatory backing to set up a possible regional hub in Paris. Regulators across the world...

France orders websites to remove online marketplace Wish

France has ordered search engines and online platforms to strip Wish from their listings over concerns about product safety and the US e-commerce marketplace said it was taking legal action to challenge the move. The...

Spotify to hire hundreds to drive ad sales in Europe, Australia, Canada

Spotify Technology is planning to hire hundreds of staff to boost its advertising sales in Europe and elsewhere, as the music streaming service looks to increase revenue from customers who don't pay a monthly...

Computing firm OVHcloud IPO set to go ahead at low end of price range

French cloud computing services provider OVHcloud's IPO is set to move ahead at a price of 18.5 euros per share, at the low end of the range, one of the banks in charge of...

After G20 endorses tax deal, Italy says its digital levy could stay for two more years

G20 finance leaders have endorsed a global tax deal that calls for the elimination of unilateral digital services taxes, but Italy's economy minister said it may take up to two years to eliminate the...

French startup Swile gets unicorn status with Softbank-led fundraising

Swile has raised additional an $200 million in a capital increase backed by Japan's Softbank, aiming at expanding its business internationally and beyond corporate benefits services, the French start-up has said. Through this capital increase,...

Thales partners with Google on secure cloud services

Defence company Thales and Google are partnering to offer state-vetted cloud computing services for the storage of some of France's most sensitive data, the companies have said. The alliance between Thales, Europe's largest defence electronics...

EU lawmaker says US tech giants should be regulated where they are based

US tech giants such as Apple, Google, Facebook and Amazon should be regulated by the EU country where they are based under proposed EU rules, a top lawmaker said on Tuesday, knocking back efforts...

US trade judge finds Google infringed five Sonos patents

A US trade judge has ruled that Alphabet Inc's Google infringed five patents belonging to Sonos Inc that concern smart speakers and related technology, a decision that could lead to an import ban. The brief...