Key Insights:

• Binance Pay collaborated with French giant Ingenico in 2023, which took the crypto payment trend in the country on a massive scale.
• Autorité des Marchés Financiers is an independent regulatory body that regulates France’s financial markets.
• France introduced the PACTE Act in 2019, which established a legal framework for digital assets. This opened the door for crypto payment gateways in the Country.

France entered the crypto market in 2019. That year, the country passed the PACTE Act, which legalized digital assets. It introduced a registration framework for Virtual Asset Service Providers (VASPs). That officially legitimized the companies operating in this domain.

It also indirectly opened the door…