France and Germany to Strengthen Control on Bitcoin and Ripple

France and Germany to Strengthen Control on Bitcoin and Ripple

If the European Commission confirms the requests France and Germany to regulate digital currencies, bitcoin startups and investors will be negatively affected, and may possibly be required to provide sensitive financial and user data to government agencies for inspection. French Federal Finance Minister Wolfgang Schaeuble and former minister of social affairs Michel Sapin have proposed a set of financial measures to the European Commission, to urge the control of bank accounts and digital currencies. Over the past few months, European nations including Germany and France have begun to....


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