‘The Palais des Festivals et des Congrès de Cannes, France’s leading convention centre in terms of sales, ahead of Paris, is also becoming the first to adopt cryptocurrency payment. The new technologies emerging from the Web3, based on blockchain, are making their mark on our societies, our organisations, our exchanges and our modes of communication. It’s not a question of being for or against cryptocurrencies, but of supporting this digital revolution so that we don’t have to put up with it and so that local economic operators and retailers can capture this customer base with its high purchasing and investment capacity. To remain a leader, it is vital to be at the cutting edge of innovation. By 2025, 8% of the world’s population could be holding cryptocurrencies. The adoption rate is over 25% in the United Arab Emirates and over 24% in Singapore. In Cannes, the implementation of such a system is more than relevant since the Palais des Festivals et des Congrès welcomes the whole world. The aim is to make Cannes an ever more attractive and prosperous destination.
‘Hosting world-class events also means knowing how to evolve with them. With this new payment solution, we are offering our customers and partners a new, secure option that reflects current usage. This initiative reflects our desire to meet the needs of emerging sectors while expanding our range of services.
‘We are convinced that crypto payments will become widespread in the years to come. Initiatives such as those by the city of Cannes and the Palais des Festivals are particularly exciting and we at Coinhouse are delighted to be associated with them.’
Far from promoting or judging the use of cryptocurrencies, this development responds to an economic reality: these digital assets are already widely adopted internationally and offer undeniable growth potential. By anticipating this transformation, Cannes is positioning itself as an attractive destination for a clientele with high purchasing power.
This approach makes perfect sense in the run-up to the 8th edition of the Ethereum Community Conference (EthCC), the largest European gathering devoted to the Ethereum blockchain, which will be held at the Palais des Festivals et des Congrès from 30 June to 3 July 2025. The event will welcome more than 6,500 accredited participants and 10,000 attendees in total, all of whom are used to settling their transactions in cryptocurrency.
In addition, a map listing ‘crypto-friendly’ businesses will be made available to EthCC accredited members and regularly updated to include professionals wishing to adopt this solution.
Cannes is thus continuing its modernisation and its commitment to economic innovation, confirming its status as a pioneering and attractive city on an international scale.
About the Palais des Festivals et des Congrès
As France’s leading convention centre in terms of turnover, the Palais des Festivals et des Congrès de Cannes has established itself as an international benchmark for hosting events. Winner of three consecutive Travel Awards (2022, 2023, 2024) as the world’s best destination for festivals and events, it stands out for its dynamism and commitment.
In 2024, the Palais hosted 75 professional events and 81 cultural events, confirming its central role in Cannes’ economic and cultural influence. Certified and committed to an exemplary CSR approach, it meets all the criteria for sustainable development, thus affirming its mission: ‘To welcome the world sustainably’.
About Coinhouse
France’s first crypto platform, Coinhouse is a Digital Asset Service Provider (NASP) registered with the Autorité des Marchés Financiers since March 2020. Through its crypto-asset investment and services platform, Coinhouse offers individual and corporate investors solutions for buying/selling, secure custody, payment and management of crypto assets, as well as dedicated offerings for every investor profile. A pioneer for over 10 years and the French market leader, Coinhouse offers the best experience for investing securely in crypto-assets.