Cryptonomist conducted the interview Tom Duff Gordonand Vice President of Coinbase for International Policy, Who leads Coinbase’s participation with policy makers throughout the United Kingdom, Europe, APAC, Latam and the Middle East and North Africa, to form discussions on the future of digital assets.
France’s encryption was built from 12 % to 18 % last year. What do you think of paying this increase, and how do you plan Coinbase to build on this momentum?
Crypto has become part of the daily financial life in France and the world. People are looking for more control, more transparency, and more efficient alternatives to traditional systems. We have seen leaps in terms of organizational maturity throughout Europe, and this is in addition to the increasing innovation that helps France to stand out as one of the most aspirations in Europe.
in CoinbaseWe are investing in the long run, and in France this means providing the complete depth of our platform, which is specifically designed for local needs. From the first -class safety to a smooth user experience, our goal is to provide the most powerful and compatible product in the market.
What are the factors that make France an attractive market for encryption companies? Do you think that it has become a European leader in the area of digital assets?
France is in a great position, as it offers a rare group of strong local talents, the web3 cooperative community, and a reasonable organizational framework. This type of environment attracts serious builders and long -term investment, and this is exactly the reason that we see France as a major axis of our European strategy.
What are the next trends that you expect to be formed for the French ecosystems system during the next 12 to 24 months?
Throughout the next 12 to 24 months, we expect the French ecosystem to be formed with a transformation towards the influence of the real world. The adoption is not run by noise, but through techniques that solve practical problems. We are witnessing an increase in the adoption of Stablecoin, as global transactions volumes exceed $ 30 trillion in the past year, and infinite infants such as 2 layer networks provide 2 low -cost payments on a large scale.
At the same time, the organizational scene ripens, where clearer rules are formed, providing a structure that affects its need, enhancing consumer protection, and building confidence in all fields. This will determine the next stage of encryption in France, which is an environmental system where innovation and clarity go side by side, and where digital assets become increasingly included in the daily financial life.
Stablecoins was born 30 trillion dollars in size last year. How do you see their role developing in France and Europe, and what are the challenges or opportunities they provide?
This number alone indicates its increasing importance. In France and through Europe, we see Stablecoins develop into an essential part of the financial system. For example, since its launch at the base in July 2024, the euro -backed Stableco EURC has witnessed significant growth at the base, as weekly transactions grow from 1,800 to more than 110,000 weekly transactions in March.
Bringing local currencies creates an universal economy for everyone, everywhere. Local Stablecoins allows people to deal with Onchain using the currency they see, making this technology within the reach of the masses. EURC’s increasing dependence on Al Qaeda is to verify the authenticity of Stablecoins the local currency and the growing role it will play in the digital economy.
With the increased maturity of the encryption sector, what are the main organizational developments or infrastructure that can increase the acceleration of adoption in France?
What continues to pay this momentum is people’s demand for economic freedom. The full implementation of Mica has provided the necessary clarity to accelerate innovation in the economies of France, while government initiatives were able to integrate Blockchain across sectors such as supply chains, energy and financing. France’s pre -emptive approach to the organization highlights the potential of the nation as a leader in the advanced coding scene in Europe.
Globally, the tide rises. In the United States, we see a clear shift towards a pro -circumference policy, with a dangerous momentum behind the reform in the Stablecoin structure and market reform. This is good for the ecosystem as a whole, but Europe cannot see from the side lines. President Macron has already called to move away from the excessive organization to help European technology heroes with prosperity.
How did Coinbase participated with the French organizers, and what are the biggest challenges in moving in the organizational scene?
Coinbase is actively involved with the French organizers as part of our broader mission to build reliable and local operations in the main markets. France’s pre -emptive approach to regulating encryption is in line with our belief that the clear rules are necessary to increase economic freedom and empower innovation. By staying close to the organizational process and including ourselves in the local markets, we are already dealing with the main challenges, moving in advanced rules, building confidence, and helping France as a leader in the future of digital financing.
How do you compare France’s approach to regulating encryption in other European markets, and what are the lessons that can be withdrawn from it?
France historically followed a pre -emptive and cooperative approach to the regulation of encryption, which was recognized throughout Europe. While MICA is implemented at the level of the European Union, France has moved early to interact with the industry and establish itself as a center for responsible innovation.
At the same time, we see important signals from other parts of the world; In the United States, the creation of the Bitcoin Reserve last strategy indicates a symbolic and strategic step, which reflects the increasing interest in the country in the infrastructure of encryption and financial flexibility. The main lesson from France, Europe and even globally, is that participation works. It does not benefit the pre -emptive regulations that provide clarity and support the innovation of the encryption sector, and puts countries in countries to lead in the next era of global financing.
How does Coinbase adapt its products and the growth strategy specifically to the French market? Are there any unique planned initiatives?
We are committed to giving French users the same best experience in its class, as we offer it globally, from full access to the Coinbase application, which is one of the most secure and organized platforms in Crypto. With increasing interest in areas such as Defi and distinguished financing, we are here to support users through education, partnerships and infrastructure, which helps France not only adopt encryption, but also lead the road.
What role do you see France plays in the broader European and global strategy in Coinbase?
France is a main and strategic market for Coinbase. With 12 million people in France who already own Crypto, 40 % of them have started their journey in the past two years, this is clearly a country with dangerous momentum.
Coinbase advocates of economic freedom through digital assets. How do you see the encryption contributed to more financial inclusion and innovation in France?
In France, around the world, people are increasingly wondering whether the current financial system can meet their needs. Three quarters of adults say they want greater economic freedom, and many are concerned that the next generation will be worse. Crypto provides a useful response, expanding access to financial tools and granting individuals more control of their money.
In Coinbase, we see economic freedom as a party both innovation and opportunity. By running faster and more comprehensive financial infrastructure, Crypto France can help move from adapting to the future of financing to lead it actively.
