
The encryption dependence has reached the French Riviera, where more than 80 traders across the region now accept Stablecoins and encrypted currency payments, after a new partnership between Binance Pay and French Fintech Lyzi.
The initiative, which extends cities including the Cannes, Nice, anti -Monako festival, is one of the most expansionary publications of encryption payments in a European luxury destination so far.
Bring Binance and Lyzi Crypto Checkout to The French Riviera
According to the advertisement, the operating program extends over a wide range of companies, from luxury hotels and beach clubs to optical, sports hall specialists and high -end retail stores.
More than 100 encrypted currencies are supported by Binance salaries, including euro and dollar stablecoins. All transactions are immediately settled in euros for merchants, eliminating exposure to the fluctuations of the encryption market and simplifying the exit experience.
This initiative follows a batch of city officials in Cannes to enhance the adoption of digital assets between local companies. With the support of both municipal leaders and the private sector, the region defines itself as a test land in the real world for encryption in tourism and retail trade.
“The adoption of encryption payments in a global destination like the French Riviera shows that digital assets have become part of daily life,” said David Princeai, CEO of Binance France, said.
He described the effort as cooperation between the public and private sectors aimed at making the region more innovative and attractive for global encryption users.
The main institutions that already accept Crypto JW Marriott and Hotel Gray D’Arbion in Kan, the Le César Restaurant in Antibes, Gina In Nice, and a number of luxury stores in Monaco.
While this step attracts high network encryption holders, it clearly indicates small companies. The partnership is to reduce the fees for transactions, immediate settlement and improved safety features such as encryption and dual -factor authentication.
Damien Patureaux, CEO of Lyzi, confirmed the commercial enthusiasm for this step.
“We have seen an exceptional enthusiasm from merchants,” he said. “They are excited to lead the road to accept encryption payments in France.”
To stimulate adoption and reward for the first users, Binance Pay launched a promotional campaign that passes from June 28 to July 6. Customers who spend at least 20 euros (or encryption equivalent) at the participating sites will receive 5 euros, an organization, creative on the euro issued by a European financial institution.
The reward is limited to the first qualified user for 999, and it will be distributed to the Binance Governor within 30 days after the completion of the promotion.
The Mika Organization pays the expansion of paying the wage, as Europe adopts the integration of encryption
The expansion of encryption payments throughout the French Riviera is just a sign of how to run the organizational clarity of Europe in adopting the real world.
Suitable for this progress is the organization of markets in the encryption bells (MICA), which officially entered into force last year after four years of legislative work.
MICA creates a coordinated framework for the regulation of encryption in the thirtieth European economic economic countries (EA), setting rules on issuing a distinctive symbol, exchanges, consumer protection, and market abuse.
This organizational certainty has attracted major global exchanges, including Binance, OKX, Coinbase, Crypto.com and Bybit, to secure licenses under MICA.
Through a “European passport”, as soon as it is licensed in the European Union’s judicial jurisdiction, these platforms can provide services throughout the entire European Economic Zone, encourage health competition and a more stable market.
While some critics warn that MICA can increase monitoring and reduce the freedom of the user, industry leaders have greatly welcomed the framework of his work in promoting confidence and long -term growth.
Exchanges now operate under consistent rules, improve transparency and consumer protection.
Binance continued itself to expand its global scope. In June, EXCHANGE unveiled the interface of applicable applications of artificial intelligence to enhance access to its 275 million users.
The company also resumed full services in Syria in the wake of US sanctions relief and maintained its position as a liquidity leader between the central exchanges, as it owns more than $ 31 billion in Stablecoins.
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2025-07-03 00:06:00