France is the second largest economy in the European Union (after Germany) and consistently ranks in the top ten. French GDP in 2022 was more than $3 trillion.
France is one of the first countries in the European Union to grant official status to crypto-assets and the initial issuance of digital coins. Back in 2019, the country's authorities passed a law that defined the rules for regulating financial companies, the issuance, transfer, storage and sale of digital assets. This allowed the country to attract worthy investment projects early on, as well as create its own crypto-economy and regulatory mechanisms.
The French population has a growing interest in cryptocurrencies, and more and more people and companies are using digital currencies for various transactions. In addition, French financial institutions are actively adopting blockchain technology to improve efficiency in areas such as supply chain management and cross-border payments.
We are pleased to announce that French support has now been added to the Henbbo platform. This is a big step towards making our services available to the widest possible audience. By adding French, we have ensured a great experience for Henbbo platform users, both from France itself and from other French speaking countries.
We can already see that our efforts to provide a comfortable French user experience on our platform have been rewarded with a 12% increase in our regional customer base and an increase in activity from France and the surrounding region.
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