France Declares War on Crypto Anonymity, Cites ‘Terrorism’ in KYC Mandate
The French finance ministry is imposing sweeping KYC rules on all VASPs in the country.
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The French council of ministers has approved a series of new measures to combat the anonymity of cryptocurrency transactions. Anonymous accounts are banned at crypto exchanges which must now impose stricter know-your-customer requirements. France’s Finance Minister Bruno Le Maire says the changes are necessary to fight against terrorism financing. France Tightens Crypto Surveillance France’s Council of Ministers endorsed an ordinance containing a series of measures to tighten the surveillance of cryptocurrency activities last week. The ordinance, which will enter into force in....
U.S. lawmakers are asking the nation's financial guardians to clarify crypto custodianship while France wages war on anonymity.
China’s Supreme Court adds fuel to the fire after the Russian military attacks on Ukraine slipped the crypto market cap to 1.5 trillion. The court declares crypto-fundraising illegal and determines jail time and fines for suspected persons. To be clear, the new bill announced on Thursday is an amendment to previous legislative documents regarding cryptocurrency […]
Bitcoin France has joined the Bitcoin Foundation as its newest international chapter. The Bitcoin Foundation also has chapters in Australia, Bangladesh, Canada, Denmark, Germany, Mexico, The Netherlands, Romania, and Slovenia. The Association Bitcoin France is headed by Philippe Rodriguez, the President of Bitcoin France. France has been one of Europe's Bitcoin hubs for years now. Paris is even home to a Bitcoin embassy and Bitcoin startup incubator known as la Maison du BTC. Executive Director of the Bitcoin Foundation, Jon Matonis, had this to say about Bitcoin and France: France is a....
RacingNews365’s reported on July 26 that because of France’s advertising laws, numerous Formula One teams were required to conceal or remove decals showing branding by crypto-related companies during the French Grand Prix weekend. One of the countries that adopt cryptocurrencies most quickly is France. According to triple-A research, there are presently 3.4 million cryptocurrency owners in France or […]