France plays a leading role in the Crypto space, several global players have set up their HQs in Paris (e.g. Binance, Crypto.com, Circle) to develop their European activities. These players have chosen France for several reasons:
– Clear legislation for players, via the creation of a regulatory framework conducive to industry development (PSAN – Prestataire de Services sur Actifs Numériques).
– France’s role as a leader in defining European regulations for cryptos.
– The presence of a well-developed pool of technological and regulatory compliance talent in France.
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