France Declares War on Crypto Anonymity, Cites ‘Terrorism’ in KYC Mandate

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....

Yesterday France had a senate hearing about digital currencies like Bitcoin. People in the Bitcoin community followed the live stream with anxiety, looking for any bearish or bullish news. It is confirmed that the outcome of the French senate hearing is positive for Bitcoin that might lead to a shift in France towards a more Bitcoin loving nation like their neighbour Germany. The reddit user mmitech posted notes during the hearing. He summarized the following: It is not clear what France will do next or how to regulate Bitcoin but they want to catch up and making it illegal is not an....