World’s top blockchain experts gathered in Paris for the event
Led by our Head of Operations, Andy Cheung, the OKEx team arrived at Station F, a startup-incubating campus in Paris where the Paris Blockchain Week Summit (PBWS) was held. Under the skylight windows were countless different blockchain project booths filled with tech-savvy professionals jabbering about blockchain, network, and of course, the cryptocurrency market.
Comparing to the events in the past few months, a sense of relief, or even joy and excitement, is felt in the atmosphere. Such jubilations were partly due to Bitcoin having rallied back to the $5,000 level, but most likely it is because of the recent positive news from the French government.
Blockchain is now the French government’s priority
Having recently launched our first IEO (learn more about IEO and OK Jumpstart), we were frequently asked about how to apply for it during the PBWS. While we are flattered by the confidence people have in our platform, and also surprised by the level of interest from the community, this is not the biggest reason why we were here in Paris.
Paris Blockchain Week Summit is supported by the French government. After Malta, where our headquarters is now based in, launched its regulatory framework, France is the second country that has its government actively building a legislative foundation for blockchain. This marks a huge milestonefor the whole industry.
Only 4 days prior to the opening of PBWS, the PACTE Act (Action plan for business growth and transformation, in French) came into law. Bruno Le Maire, French Minister of Economy and Finance said,
“We have put in place an unprecedented and attractive legal framework for token and digital asset service providers in PACTE. We also have a tax and accounting framework adapted to the specificities of crypto-assets.”
In an interview by a French economy magazine, he also remarked,
“The development of the blockchain ecosystem is a priority for the government: it is a potential technology that can contribute to the modernization of our businesses and our economy.”
This is only the beginning of a “Blockchain Adoption Movement”
We believe that a worldwide massive blockchain and cryptocurrency adoption is inevitable. While many governments remain conservative toward the new technology, a surging number of people and companies are embracing the change.
Seeing the rising demands in cryptocurrency in Europe, we’ve also launched our fiat-to-token trading (learn more about our C2C trading) for the Euro market. But when comparing to promoting our new platform, we’re more happy to be here in PBWS to witness the big step forward in the blockchain industry. After all, at OKEx, our mission is to connect the digital asset markets and opportunities around the world.
Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
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