[2017-12-13] France Allows Blockchain Trading

[aalfadhala]

The French government have announced that they will allow the trading of unlisted securities using blockchain technology, with a goal of saving time and money.

Bruno Le Mair, the French Finance Minister, said “The use of this new technology will allow fintech firms and other financial actors to develop new ways of trading securities that are faster, cheaper, more transparent and safer.”

More: https://coinblip.com/blog/france-allows-blockchain-trading-unlisted-securities/

[iamTom123]

The French government have announced that they will allow the trading of unlisted securities using blockchain technology, with a goal of saving time and money. Bruno Le Mair, the French Finance Minister, said “The use of this new technology will allow fintech firms and other financial actors to develop new ways of trading securities that are faster, cheaper, more transparent and safer.” More: https://coinblip.com/blog/france-allows-blockchain-trading-unlisted-securities/

This is a welcome development from the most romantic country France. Does it mean that France is looking to make cryptocurrency legal in the country or am I late with the news? Well, I am sure that cryptocurrency can be of big help to France and I am hoping that it can be the new cryptocurrency hub in that side of the world. I also understand that France is serious in fighting money laundering so this means that fintech firms have to always follow the law and the limits imposed by regulations from the government.

[JoinWell.io]

The French government have announced that they will allow the trading of unlisted securities using blockchain technology, with a goal of saving time and money.

Bruno Le Mair, the French Finance Minister, said “The use of this new technology will allow fintech firms and other financial actors to develop new ways of trading securities that are faster, cheaper, more transparent and safer.”

More: https://coinblip.com/blog/france-allows-blockchain-trading-unlisted-securities/

Good thing. France has always been among fintech leaders in Europe and this step shows this. Let's watch how they implement it. Hope they will also decide on cryptocurrency status next

[SixOfFive]

France popularly known as place of romance, allows blockchain trading which is a positive news for crypto-market enthusiasts because they want develop their economy. This liberated step by French govt. will definitely help them to form a strong economy.

[CryptoBry]

France popularly known as place of romance, allows blockchain trading which is a positive news for crypto-market enthusiasts because they want develop their economy. This liberated step by French govt. will definitely help them to form a strong economy.

I am projecting that if France will play the cryptocurrency cards well, they can be the cryptocurrency hub in that side of Europe. The world of cryptocurrency is now expanding and there are now many countries which recognized of the big role they can be playing for economic development especially now that the global economic outlook is not that very optimistic -- we need something new and even better. I am happy that France is now getting part of the cryptocurrency movement. The future belongs to the blockchain, cryptocurrency and Bitcoin and France can certainly be a big part of that future.

[coves]

Litecoin Creator Charlie LEE sold ALL of Litecoin with 9300% profit .

http://www.gorket.com/2017/12/20/litecoin-founder-cashes-out-sells-entire-stake-after-9300-rally/

[Guardian.P]

Blocking trade is not the best way out, it can go in the opposite direction and aggravate the situation. Before blocking you need to think about your people who have already invested in bitcoin, what will happen to them

[coves]

Bitcoin will crash before go higher next year. It’s a healthy pullback.

http://www.gorket.com/2017/12/20/bitcoin-can-go-as-low-as-11000/

[coves]

People who started to invest Bitcoin at $75 said it could go down by 50%. And I believe it.

http://www.gorket.com/2017/12/21/early-bitcoin-investor-says-bitcoin-could-drop-50-before-going-higher/

[btcforever2018]

that's a great information, i think every country Allows Blockchain Trading. 

[SixOfFive]

France is going to make BTC or blockchain trading legal because they want to obtain new way of earning income. Bruno Le Mair , the French finance minister, said that it is new way of earning money which is less expensive, safer and transparent mode. By making it legal, new buss. firms will be introduced in France which will increase it nation’s income