Overview
• France is one of the top countries attracting blockchain talent and French tech startups set a new record with 13.5 billion euros raised last year, an overall increase of 17%.
• The country has openly stated its support for blockchain and digital currencies since 2016, making it one of the leaders in Europe for blockchain adoption.
• Binance plans to have Paris as its European hub and collaborate on Web3 and blockchain development.
France Attracting Talents
Research shows that France is one of the top countries attracting blockchain talent and French tech startups set a new record with 13.5 billion euros raised last year, an overall increase of 17%. According to a survey on organisational and talent development in the global blockchain industry by LinkedIn and OKX, France is one of the world’s top three countries in demand for blockchain talent. France attracts many industry talents due to a rapidly growing and developing ecosystem and active stimulus by government. Last year Crypto.com announced their expansion to France while Binance has deepened its relationship with the country – referring to Paris as the financial hub of cryptocurrency in Europe.
Government Support
France’s recent decisions, such as its call for identification requirements and increased regulations regarding digital assets, demonstrate that the country is keen to distinguish itself from its fellow large jurisdictions, demonstrating that it is more agile than neighbouring countries such as Germany, the United Kingdom or Italy. In 2022 during his keynote speech at an event organised by Binance at the Palais des Congrès de Paris Minister Barrot stressed the significant role the French government has played in MiCA regulation – calling for transition from Web 2 to Web 3 which will unleash lots of opportunities for sharing collaboration creativity.
Binance Expansion To Paris
Binance plans to have Paris as its European hub hire hundreds from the talent pool in France collaborate on Web3 and blockchain development Previously France has openly stated its support for blockchain digital currencies since 2016 making it one of leading countries charge for blockchain adoption Europe around world Binance CEO Changpeng Zhao (CZ) discussed with French Minister Digital Transition Jean-Noël Barrot about crypto promotion education Web 3 development hopes have Paris hub hire hundreds people collaborate projects related web 3 5G technology
Conclusion
Paris Blockchain Week recently announced Minister Barrot talking about importance innovation technology especially when comes developing metaverse technologies stimulating economic growth through investment research collaboration This clearly shows that Paris become important centre developments related new generations information technologies particularly Blockchain which becoming increasingly popular among both government private sector investors globally