France’s Le Pen, National Front Party Attacks Bitcoin; Seeks National Ban
There has been plenty of positive vibrations coming out of France, as a movement against the European Union by National Front party leader Marine Le Pen builds momentum. All is not well in “The Hexagon,” as this extreme-right wing leader has decided that “The Future of Money” should not be in France’s future. ‘It is Nothing More Than a Ponzi Scheme’. Bitcoin has never been free from controversy or the barbs of the uneducated. Even Russia, who has been contemplating a ban, in an effort to protect the struggling Russian Ruble under the pressure of economic sanctions back in 2015, eventually....
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Front National, a political party in France, is taking a rather aggressive stance towards virtual currency. It is up to the Front National party in France; Bitcoin should be banned immediately. The political party sees any form of virtual money as a serious threat, and they want to protect the “real economy” in the country first and foremost. Bitcoin has been attracting a lot of attention from governments and politicians around the world. However, except Russia, hardly any country wants to ban Bitcoin altogether. Most central banks have issued a warning about getting involved in assets....
The National Republican Congressional Committee has announced that it will start accepting campaign donations in crypto. This was reported by Axios on Wednesday. This announcement makes the party the first national party to start accepting cryptocurrency campaign contributions. Individual political candidates have accepted donations in cryptocurrency in the past. But political parties have never accepted […]
A member of parliament for the Scottish National Party (SNP) has urged his party to consider experimenting with a national digital currency. Speaking at the SNP conference held in Aberdeen - in northeastern Scotland - George Kerevan said he wanted the country to trial the ScotPound, a native digital currency that would co-exist alongside the pound sterling. The digital currency, Kerevan told BuzzFeed News, would be an important ready-made alternative to the pound when the next independence debate surfaced, and one that could 'bubble up' through the party. Kerevan's comments follow the....
A year on from the national referendum where Scotland rejected independence from the UK - leaving the pound sterling to continue as its national currency, a member of Parliament from the Scottish National Party (SNP) issued a rallying call to his party and the country to begin experimenting with digital currency. George Kerevan, MP for East Lothian and a member of the SNP called for the country to start experimenting with digital currency and spoke about the British pound not being "the be-all and end-all," insisting that a new digital currency could help Scotland reach beyond its reliance....
The head of a major far-right political party in France has called for ending the use of bitcoin and other digital currencies in the European country. In a note published last last month, Marine Le Pen, leader of the National Front and its expected candidate in the 2017 French presidential election, accused world leaders of seeking to create a world with no cash and positioned bitcoin as an effort fueled by Wall Street power brokers. Le Pen wrote: "The powerful business lobby Wall Street banks (JP Morgan, Goldman Sachs) relayed by the World Economic Forum in Davos in 2016, sold two....