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“The Palais des Festivals et des Congrès de Cannes, France’s leading convention center in terms of sales, ahead of Paris, is also becoming the first to adopt cryptocurrency payment. The new technologies emerging from Web3, based on blockchain, are making their mark on our societies, our organizations, our exchanges and our modes of communication. It’s not a question of being for or against cryptocurrency, but of accompanying this digital revolution so as not to be subjected to it and to enable local economic operators and merchants to capture this customer base with a 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 hold cryptocurrencies. This adoption rate is over 25% in the United Arab Emirates and over 24% in Singapore. In Cannes, the implementation of such a scheme 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 service offering. “
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“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 interesting, 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 customers with high purchasing power. This approach makes perfect sense in the run-up to the 8th edition of the Ethereum Community Conference (EthCC), Europe’s largest gathering dedicated to the Ethereum blockchain, to be held at the Palais des Festivals et des Congrès from June 30 to July 3, 2025. The event will welcome over 6,500 accredited attendees and 10,000 participants in total, as many visitors accustomed 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 pursuing its modernization 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
France’s leading convention center in terms of sales, the Palais des Festivals et des Congrès de Cannes has established itself as an international benchmark for hosting events. Awarded three consecutive years (2022, 2023, 2024) at the Travel Awards 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 sustainable development criteria, thus affirming its mission: “To sustainably welcome the world”.
About Coinhouse France’s first crypto platform, Coinhouse has been a Registered Service Provider on Digital Assets (PSAN) with the Autorité des Marchés Financiers since March 2020. Thanks to 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 offers dedicated to each investor profile. A pioneer for over 10 years and the French market leader, Coinhouse offers the best experience for investing in crypto-assets in complete security.