A certain thaw on the side of the Minister of the Economy? Bruno Le Maire detailed in a long interview his strategy and that of the government in terms of cryptocurrencies. What can we expect for the years to come?
Bruno Le Maire talks about cryptocurrencies
Questioned by our colleagues from BFM, Bruno Le Maire clarified the government’s expectations in terms of cryptocurrencies. With a rather ambitious roadmap :
“We want to make the European Union the world’s leading economic area in terms of structuring and organizing the crypto-asset market. And we want that within it, France is the European hub of the crypto-asset ecosystem. »
We note that the minister speaks modestly of ” structuring and organization », to covertly evoke the regulation of the sector. Needless to say that Europe recently turned its gaze to cryptocurrenciesand that the MiCA regulations should particularly upset the landscape.
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Do not be afraid, but frame widely
Bruno Le Maire, however, considers that there is no need to have ” fear of innovation », and that it is not necessary stifle the crypto ecosystem”. A particularly notable change in language, the minister having distinguished himself in recent years by a manifest hostility to the ecosystem.
“We bet that when it comes to crypto-assets, we can combine protection and expansion. »
In addition, Bruno Le Maire says he is “proud” to have attracted two cryptocurrency heavyweights to Paris : Binance and Crypto.com. He estimates that ” other global players will choose […] France “.
👉 To read about it – France: Crypto.com sets up its European headquarters in Paris and invests 150 million euros there
DeFi and NFTs as areas of innovation?
Bruno Le Maire also shared the government’s priorities in terms of cryptocurrencies, which he will unfold in three parts:
- Attract global players and mobilize private funds
- Establish a sovereign digital euro (an MNBC)
- explore the potential NFTs and decentralized finance (Challenge)
This last sector was moreover mentioned in more detail by the Minister of the Economy, who gave it indirect praise:
“I am delighted that start-ups, but also large century-old banking groups, have fully invested in developing the potential of DeFi. »
👉 To go further – What is DeFi? All about decentralized finance
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Water in the wine of government
This adjustment of the language used to talk about cryptocurrencies is of course notable. In 2020, the Minister of Economy rather saw a link between these assets and terrorismstating:
” I give an example: cryptocurrencies. You can collect 150 euros in a bar-tobacco, then 150 euros in another bar-tobacco, in the end to collect a significant sum […] that an Islamist association or a fighter located abroad will be able to withdraw in cash, abroad without any trace. »
It will also be recalled that Bruno Le Maire is particularly pro-strict regulations. He thus evoked MiCA last March:
“There are always criminal ways to try to avoid a prohibition, which is why it is so important that MiCA is passed as soon as possible, so that we have a regulatory framework.»
The evolution of the government in terms of cryptocurrencies is therefore particularly perceptible through the voice of its Minister of the Economy.
👉 On the same subject – The European Parliament approves the MiCA and TFR regulations
Source: BFM Crypto
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Journalist at Cryptoast, I fell into the pot of cryptocurrencies a few years ago. I am passionate about the innovative technologies that stem from the blockchain and I like to find the most crispy information to share with you.
Marine Debelloir
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