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Banks Can't Snub Startups Due To France's New Crypto Law

Vicky Wei

Summary: According to coindesk.com, France's new crypto law grants blockchain-related projects the right to a bank account, provided they opt in to being regulated. The new law paves the way for French life insurance and private equity funds to get more exposure to crypto assets, although there are some practical impediments such as a lack of ...

According to coindesk.com, France's new crypto law grants blockchain-related projects the right to a bank account, provided they opt in to being regulated. The new law paves the way for French life insurance and private equity funds to get more exposure to crypto assets, although there are some practical impediments such as a lack of institutional grade custody solution for crypto assets. 

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