France has said it will block the development of Facebook’s Libra cryptocurrency as it poses a threat to “monetary sovereignty”. At the opening of an OECD conference on cryptocurrencies, French economy and finance minister Bruno Le Maire said: “I want to be absolutely clear: In these conditions, we cannot authorise the development of Libra on…
Decentralised cloud computing project iExec has announced a partnership with one of the world’s largest utility companies. The French energy giant EDF hopes to overhaul its cloud-based infrastructure by building an application on the Ethereum blockchain. GPUSPH will reportedly take advantage of “the decentralized cloud”. The app gets around Ethereum’s scalability issues by ensuring that…
According to a report from the AFP News Agency, France’s central bank will be launching a digital asset (decisively different than a crypto asset) in the coming year.France to Launch Digital CurrencyThe outlet reported via Twitter, the Bank of France’s governor, Francois Villeroy de Galhau, said in a recent statement that his organization will start…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…