Crypto in France benefits from France's wider tech scene – the country counted 32 unicorns (private companies with at least $1 billion valuations) as of March 2023. At a time when U.S. VCs are pulling back from crypto, France is seeing a rekindling of sentiment – at least seen anecdotally at events.
Will France be a crypto hub?
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What's new in French crypto?
Ban on anonymous transactions. The new crypto transaction limit for KYC checks is set as €0, instead of the previous €1000 limit. This has effectively banned anonymity on the French crypto market, as even small crypto transactions must be accompanied by KYC.
