French Finance Minister Supports Crypto and Blockchain Technology19.05.2018

French Finance Minister Bruno Le Maire (Bruno Le Maire) admits that he was wrong about the cryptocurrency and the technology of the blockchain. Recently, an influential member of the government changed his mind and expressed his desire to make France a center for the development of the blockchain and cryptocurrency.

Bitcoin and other cryptocurrencies carried Le Mair away and made him change his plans. According to Alexander Stakhchenko, President of Chaintech and co-founder of the Blockchain Partner, Le Mayr stated:

"A year ago I was in this novice, but now I'm extremely passionate. To go this way, it took me a year. We must take France to the first place in the field of development of blockchain and the introduction of crypto innovations in Europe. "

On May 15, 2018, the French Minister of Finance discussed several topics related to the cryptocurrency industry with entrepreneurs and representatives of the blockchain Partner. In particular, they discussed the banking problems faced by the sector, crypto-taxation, accounting and reporting procedures, and the legal framework for the ICO.

At this event, Le Mair agreed that companies can not conduct business without a bank account. In this connection, Bitcoin.Fr informs that Le Mair has underscored an payed equal interest in resolving all problems both from the government and from the crypto community. Le Mayre also outlined his plans to support the development of the blockchain industry and cryptocurrency in the territory of France, and stated that he will "fully and decisively" contribute to this process.

Last year, Le Mayr had a negative view of Bitcoin and other digital currencies. For example, in December 2017, he proposed to the President of Argentina, Mauricio Macri, who was appointed chairman of the G20 in 2018, to discuss the regulation of Bitcoin within the framework of the summit, since the crypto-currency carries great risks in the field of speculation.

However, at the G20 summit Le Mare has already changed his position and stressed the important role that the crypto currency can play in the world economy. Now the minister continues to talk enthusiastically about Bitcoin and promises to the crypto community that he "will provide full and resolute support, which will be able to change the current state of things for the better."