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French Central Bank Completes First Stage of Its CBDC Experiments
The Banque de France said it completed the first stage of its experiments into a wholesale central bank digital currency (CBDC) and plans to move on to the next phase, focusing on cross-border payments.France’s central bank has been exploring the use of a CBDC for the exchange of money between financial institutions since March 2020.The final stage of the first tranche of … [Read more...] about French Central Bank Completes First Stage of Its CBDC Experiments
French Fintech Lydia Attains Unicorn Status With $100M Series C Funding: Report
French fintech Lydia has raised $100 million in Series C funding, attaining unicorn status with a valuation of over $1 billion.The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future, TechCrunch reported Wednesday.Lydia recently allowed its 5.5 million users to invest in digital assets including crypto … [Read more...] about French Fintech Lydia Attains Unicorn Status With $100M Series C Funding: Report
French Luxury Fashion Brand Givenchy Drops 15 NFTs on OpenSea
French luxury fashion house Givenchy has dropped 15 non-fungible tokens (NFTs) created in collaboration with the graphic artist Chito on the OpenSea marketplace.The sale of the NFTs will be through a seven-day simulated auction starting Tuesday. This mark’s Givenchy’s first foray into the NFT market.Givenchy’s creative director Matthew Williams worked with Chito to create the … [Read more...] about French Luxury Fashion Brand Givenchy Drops 15 NFTs on OpenSea
French Fintech Lydia Taps Bitpanda to Let 5.5M Users Trade Crypto
Austrian crypto exchange Bitpanda has teamed with French mobile payments app Lydia to offer Lydia’s 5.5 million users the ability to invest in digital assets.Bitpanda announced Monday its digital asset investment product is now fully integrated with Lydia’s payments app, which will enable Lydia customers to invest in over 170 digital assets from cryptocurrencies to … [Read more...] about French Fintech Lydia Taps Bitpanda to Let 5.5M Users Trade Crypto