France Establishes Institute of Crypto-Assets to Drive Blockchain Research and Education

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On November 8, the Institute of Crypto-Assets officially opened its doors in the business district near Paris. This groundbreaking institute will focus on research and support for blockchain technology and cryptocurrencies. With a scientific board consisting of experts from prestigious French educational institutions and a committee of practitioners overseeing its work, the Institute is poised to make significant contributions to the field. Director Cyril Grunspan emphasized that the primary goal of the Institute is education and fostering discussion around cryptoassets. To kick off its opening, the Institute hosted two lectures on the history of currencies and the concept of zero-knowledge proofs. These public events will be a regular feature of the Institute’s activities. France has been actively positioning itself as a leader in the digital economy and innovation within Europe. In line with this, the local telecommunications group Iliad has invested 100 million euros in an AI research lab in Paris. Additionally, French crypto businesses have secured a significant portion of new investment deals in the fintech sector. This demonstrates the country’s commitment to fostering growth and development in the cryptocurrency industry.

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