France's Public Investment Bank Bpifrance to Invest $27 Million in Crypto

Quick Summary:

Bpifrance said it will use the fund to back early-stage crypto tokens, pushing to keep Web3 talent and innovation at home.

The probe was triggered after a French trader reportedly placed a multi-million-dollar wager on the outcome of the U.S.presidential election, prompting Polymarket to cut off access for users in France, effectively shutting out a significant segment of its audience.

In January, French authorities launched a judicial investigation into Binance, the world's largest crypto exchange, over allegations of money laundering and tax fraud.

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Article Details

Author / Journalist: Vismaya V

Category: Crypto

Markets: EstoniaFrance

Topics: Business Blockchain Web3 France Bpifrance AI

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 05:38:14 (3 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27379981

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 7 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 10 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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