• France is one of the top countries attracting blockchain talent.
• French tech startups set a new record with 13.5 billion euros raised last year.
• The French government has played a significant role in the upcoming MiCA regulation.
France Attracts Blockchain Talents
Research shows that France is one of the top countries attracting blockchain talent and French tech startups set a new record with 13.5 billion euros raised last year, an overall increase of 17%. According to a survey on organisational and talent development in the global blockchain industry by LinkedIn and OKX, France is one of the world’s top three countries in demand for blockchain talent.
Government Stimulus
France attracts many industry talents due to a rapidly growing and developing ecosystem and active stimulus by government. Last year Crypto.com announced their expansion to France. Also, Binance has deepened its relationship with the country, with its CEO Changpeng Zhao (CZ) referring to Paris as the financial hub of cryptocurrency in Europe. In a public conversation, during an event last year, Zhao discussed with French Minister for Digital Transition Jean-Noël Barrot about crypto promotion, education, Web3, and blockchain development. Binance plans to have Paris as its European hub, hire hundreds from the talent pool in France, and collaborate on Web3 and blockchain development.
Supportive Government Towards Blockchain Adoption
Previously France has openly stated its support for blockchain and digital currencies since 2016 and is one of the countries leading the charge for blockchain adoption in Europe and around the world. France’s recent decisions such as its call for identification requirements and increased regulations regarding digital assets demonstrate that the country is keen to distinguish itself from its fellow large jurisdictions demonstrating that it is more agile than neighbouring countries such as Germany, The United Kingdom or Italy .
MiCA Regulation
In 2022 during his keynote speech at an event organised by Binance at Palais des Congrès de Paris , Minister Barrot stressed out significant role French government has played in upcoming MiCA regulation . Minister Barrot then said ,”The transition from Web 2 to Web 3 will unleash lots of opportunities for sharing , collaboration creativity general & government supportive development strong web 3 ecosystem .”
Paris Blockchain Week
Paris Blockchain Week recently announced that Minister Barrot , Secretary General Economy Bruno Le Maire plus other ministers will be speaking at Paris Blockchain Week Summit 2021 . This summit expected bring together 2000+ attendees world wide along with 100+ speakers over two days discussing topics like tokenisation , decentralised finance (DeFi) , open source governance & much more .