Crypto gets red carpet in Paris and red flags

Crypto experts: Visitors at the Blockchain Week Summit in Paris. Entrepreneurs and investors came together to share, learn and do business, according to the event’s organisers. — Bloomberg

VIRTUAL-currency entrepreneurs are feeling the heat in the United States after the spectacular collapse of FTX, the closure of several crypto-friendly banks and now a top regulator’s case against Binance Holdings Ltd that threatens to engulf numerous trading firms.

But it’s a different vibe in Europe, especially France, where tech bros are more likely to get the red-carpet treatment.