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Mere days earlier than the second spherical of the fateful presidential election in France, the incumbent President of the Republic, Emmanuel Macron, sat down with native media to share his ideas on the digital economic system — a topic he didn’t converse on a lot earlier than. While emphasizing the significance of the sector, Macron as soon as once more reiterated his assist for the pan-European strategy to monetary know-how regulation. The interview with French publication The Big Wale got here on April 22, two days earlier than the runoff that may see Macron face the right-wing populist Marine Le Pen. According to most polls, Macron is extra more likely to win, but the margin is predicted to be very skinny. In the 2017, he outpaced Le Pen with 66.1% of the vote within the second spherical. Responding to a sequence of questions on digital economic system, Web 3.0 and crypto, the incumbent President stood agency by his trademark cautiousness towards innovation:“It represents […] an opportunity not to be missed […] for France and Europe to lead the future generations of the web. But it is also a social and societal challenge.”Macron appeared happy to notice how variety of French unicorn firms ⁠— that’s, non-public startups valued at $1 billion or extra ⁠— rose from 3 to 26 throughout his presidential time period, whereas general investments in French startups elevated fivefold. He additionally talked about setting the bar at 100 French firms with a unicorn standing and 10 being European giants by 2030. One solution to obtain that, Macron stated, could be increasing code studying in public faculties to coach 400,000 to 500,000 further builders over the following 5 years. The president additionally elaborated on his earlier point out of the “European metaverse,” saying that it will be important that European gamers don’t depend upon American or Chinese technological giants in “mastering the technological building blocks associated with Web3.” Europe, he maintained, has an edge within the NFT sector attributable to its imense cultural heritage. Macron stated:“We cannot consider our cultural policy without this revolution. I want our main cultural institutions to develop an NFT policy, by promoting, disseminating and protecting the digital twins or variations of their physical collections.”Commenting on the latest European Parliament rules of crypto, Macron supported the present strategy (and the MiCA framework particularly), noting that the brand new guidelines mustn’t hinder innovation:“I don’t believe in a self-regulated financial sector. This would be neither sustainable nor democratic. It is up to the public authorities to define the right conditions to allow the sector to develop in confidence while encouraging innovation.”The 44-year-old politician additionally vocally supported the digital euro venture, which has been getting pushback from the general public lately.

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Mere days earlier than the second spherical of the fateful presidential election in France, the incumbent President of the Republic, Emmanuel Macron, sat down with native media to share his ideas on the digital economic system — a topic he didn’t converse on a lot earlier than. While emphasizing the significance of the sector, Macron as soon as once more reiterated his assist for the pan-European strategy to monetary know-how regulation. 

The interview with French publication The Big Wale got here on April 22, two days earlier than the runoff that may see Macron face the right-wing populist Marine Le Pen. According to most polls, Macron is extra more likely to win, but the margin is predicted to be very skinny. In the 2017, he outpaced Le Pen with 66.1% of the vote within the second spherical.

Responding to a sequence of questions on digital economic system, Web 3.0 and crypto, the incumbent President stood agency by his trademark cautiousness towards innovation:

“It represents […] an opportunity not to be missed […] for France and Europe to lead the future generations of the web. But it is also a social and societal challenge.”

Macron appeared happy to notice how variety of French unicorn firms ⁠— that’s, non-public startups valued at $1 billion or extra ⁠— rose from 3 to 26 throughout his presidential time period, whereas general investments in French startups elevated fivefold. He additionally talked about setting the bar at 100 French firms with a unicorn standing and 10 being European giants by 2030.

One solution to obtain that, Macron stated, could be increasing code studying in public faculties to coach 400,000 to 500,000 further builders over the following 5 years.

The president additionally elaborated on his earlier point out of the “European metaverse,” saying that it will be important that European gamers don’t depend upon American or Chinese technological giants in “mastering the technological building blocks associated with Web3.” Europe, he maintained, has an edge within the NFT sector attributable to its imense cultural heritage. Macron stated:

“We cannot consider our cultural policy without this revolution. I want our main cultural institutions to develop an NFT policy, by promoting, disseminating and protecting the digital twins or variations of their physical collections.”

Commenting on the latest European Parliament rules of crypto, Macron supported the present strategy (and the MiCA framework particularly), noting that the brand new guidelines mustn’t hinder innovation:

“I don’t believe in a self-regulated financial sector. This would be neither sustainable nor democratic. It is up to the public authorities to define the right conditions to allow the sector to develop in confidence while encouraging innovation.”

The 44-year-old politician additionally vocally supported the digital euro venture, which has been getting pushback from the general public lately.

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