France Takes Bold Steps in Crypto Investment

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Coin-Turk 9 months ago 179

Trump’s entry into the cryptocurrency market may spark global competition. Russia has taken various steps in this direction, while China, through Hong Kong, has introduced a degree of freedom in the crypto space. Numerous countries, including France, are questioning whether they want to see U.S. dominance in cryptocurrencies, leading to a process initiated through a state-owned investment bank.

France’s Crypto Investment Initiative

On Thursday, March 27, Bpifrance announced its intention to invest up to $27 million in cryptocurrencies to provide long-term support for French companies in the sector. This development, highlighted by French sources, reflects the growing global interest in cryptocurrencies.

This move is not about creating a strategic Bitcoin



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