With its dynamic and innovative ecosystem, France is a talent pool in the crypto ecosystem. To highlight this, let’s take a look at the news that marked the month of June, among the local players who are each participating in the blockchain revolution.
What happened in June in France among crypto companies?
Following last month’s edition, we continue our new series on news from French Web3 players. What happened in France in June among players in the cryptocurrency sector?
Let’s review the latest news from local blockchain companies, each contributing at their own level to the development of a dynamic ecosystem.
MiCA approvals continue at the AMF
After becoming the third company to obtain its Digital Asset Service Provider approval in December 2024, GOin became the second French company to obtain its MiCA approval from the AMF on June 19. The crypto-asset manager has thus succeeded in obtaining approval for seven different services, ranging from advice to custody, management and trading of crypto-assets, making it the first company in France to be recognized for such a comprehensive MiCA license.
On June 23, CACEIS, a subsidiary of Crédit Agricole and Santander dedicated to institutional investors and management companies, obtained MiCA approval from the AMF. This new milestone makes them the first French bank to formalize the approval for custody and administration services, order reception and transmission, and crypto-asset transfers on behalf of clients.
On June 30, Bitstack also announced that it had obtained MiCA approval from the AMF. As the company prepares to launch an account with an IBAN and a Visa debit card with Bitcoin benefits, this new regulatory milestone will enable it to democratize its BTC savings solution by rounding up across Europe.
Bitcoin (BTC) news
Throughout June, The Blockchain Group continued its BTC acquisition strategy, financed by several share and bond issues. In total, the company now holds 1,794 bitcoins, representing more than 32% of its $500 million market capitalization. On June 12, the 120 members of the National Rally and its three other affiliated members of parliament tabled an amendment to push for a study of Bitcoin mining in France. Among other things, the aim of this investigation would have been to study the value of mining in absorbing surplus electricity, its effects on reducing modulation cycles, and its opportunities in the conversion of industrial sites or heat recovery. A few days later, however, this amendment was deemed inadmissible under Article 98 of the National Assembly’s rules of procedure.
Following in the footsteps of the famous “Bitcoin Treasury Companies,” Crypto Blockchain Industries (CBI), listed on Euronext Growth Paris, announced its intention to sell €20 million in blocks of shares to finance the purchase of bitcoins.
On June 27, the day of the announcement, ALCBI shares fell 4.91% on the stock market.
On June 3, SG Forge formalized a partnership with BCB Group to enable the payment service provider to integrate the euro stablecoin EURCV into its offering. The focus here is on the advantages of this tokenized euro as a cross-border payment method. Later, on June 10, SF Forge will also officially launch USDCV, a new dollar-backed stablecoin deployed on the Ethereum (ETH) and Solana (SOL) blockchains.
On June 9, Deblock launched a new savings product that generates returns on its stablecoins: “vaults.”
Available from $1 and with returns of up to 6% per year under certain conditions, this new product was developed in partnership with decentralized finance (DeFi) protocols Morpho and Yield.xyz.
On June 24, Ledger, the leader in crypto asset security, unveiled a new product: Ledger Recovery Key. In short, this new product is a small card with a Secure Element chip and NFC compatibility, designed to replace the famous 12- or 24-word seed phrase, thereby simplifying wallet restoration.
On the same day, Ledger also announced its new partnership with the legendary San Antonio Spurs basketball team through a multi-year sponsorship deal, which will see the brand’s logo featured on the team’s jerseys.
Throughout June, Meria announced several new developments, such as the arrival of IOTA on its platform with buying, trading and staking, the arrival of Hyperliquid’s HYPE token staking, a partnership with Ledger to integrate a XION staking module directly into Ledger Live, and the arrival on Monad’s Testnet-2.
At the same time, a number of company representatives attended METZ TECH 2042, an event on blockchain, crypto, and artificial intelligence (AI) organized at the Saint-Symphorien stadium by the Grand Est Blockchain Intelligence Artificielle Association (GEBIA).
On June 17, crypto payment specialist Lyzi began the migration of its LYZI token. The token was initially launched on Tezos and is now becoming native to Etherlink, a layer 2 network that enables compatibility with the Ethereum Virtual Machine (EVM).
A global event
On June 30, the Ethereum Community Conference opened the doors of its eighth edition, this time for the first time in Cannes. Until July 4, EthCC[8] expects more than 6,400 visitors, over 500 speakers, including Vitalik Buterin, and more than 245 side events.
A renowned partnership
On June 19, the student association KRYPTOSPHERE unveiled a partnership with IBM to give its members access to IBM SkillsBuild, “a comprehensive suite of certification courses on the fundamentals of AI, LLM, RAG, multi-agents, and more.”
At the same time, Raphaël Pautard, the association’s president, officially announced that the fourth edition of KRYPTO-TOUR LYON will take place on October 11.
On June 4,
La Poste launched a new collection of non-fungible tokens (NFTs), three years after its first initiative. More specifically, Monuments 3.0 is the fourth series of NFTimbre, a collection of digital stamps featuring French monuments.
La Poste launched a new collection of non-fungible tokens (NFTs), three years after its first initiative. More specifically, Monuments 3.0 is the fourth series of NFTimbre, Web 3 stamps, which this time showcase French heritage.
On June 26, Zama, an open-source cryptography company specializing in homomorphic encryption applied to blockchain, raised $57 million in Series B funding. Thanks to this round of financing led by Blockchange Ventures and Pantera Capital, the company is now valued at $1.15 billion. The announcement was accompanied by the launch of the Zama Confidential Blockchain Protocol and its public testnet. Developers can now experiment with creating confidential applications on Ethereum, with the possibility of expanding to other networks in the future.
