The French National Assembly has rejected a proposal to explore state-supported Bitcoin mining using surplus energy, citing procedural rules.
France
Crypto Kidnapping Mastermind Arrested: How Authorities Disrupted a Global Ransom Network
Crypto kidnappings have risen, with a 24-year-old Moroccan, Badiss Mohamed Amide Bajjou, suspected of carrying out a series of kidnappings against French cryptocurrency leaders. As reported by Le Monde, he was arrested in the Moroccan city of Tangier after French authorities had asked for his arrest after investigating him for months. Bajjou has been charged […]
Crypto Investor Accused of Kidnapping, Torturing Man Over Bitcoin Access
John Woeltz, a 37-year-old crypto investor from Manhattan, was charged with kidnapping and torturing an Italian man over a digital wallet. He was arraigned Saturday and pleaded not guilty to four felonies, including kidnapping for ransom. The court denied bail, ordering him to stay in custody until his next hearing on May 28. The victim […]
Crypto Exchange Bybit Ends Two-Year Compliance Struggle with France’s AMF
Bybit has been removed from France’s AMF blacklist after two years of compliance efforts. The exchange now aims for a MiCA license to expand in Europe.
Binance Under Intense Scrutiny as Spanish Court Investigates €67,550 Claim
Legal troubles are piling up for Binance, with the exchange now under investigation in Spain over a €67,550 funds misappropriation. This investigation adds to ongoing probes in France and a class-action lawsuit in the U.S. that could impact the exchange’s future. Spanish court Probes Binance Over Misappropriation of Funds A Spanish court has launched an […]
France Proposes Bitcoin Tax as Non-Productive Wealth in 2025 Budget
A proposal in France’s 2025 budget could classify Bitcoin as non-productive wealth and tax unrealized gains. New rules include hefty penalties for non-reported accounts, while crypto-to-crypto trades remain tax-free. Unrealized Gains on Bitcoin May Face Taxes in France by 2025 French Senator Sylvie Vermeillet has tabled a proposal that seeks to classify Bitcoin as a […]
Crypto Revolutionizes France’s Financial Advertising Landscape with Responsible Certification
In an era where social media influencers, or crypto influencers, or “finlfluencers,” wield significant influence over investment decisions, France is taking a unique step toward regulating this burgeoning sector. On September 7, 2023, the Autorité des Marchés Financiers (AMF) and the Autorité de Régulation Professionnelle de la Publicité (ARPP) unveiled the “Responsible Influence Certificate,” a […]
Changing Tides: 20% of French Workers Favor Crypto Payments
Over time, the adoption of cryptocurrencies has experienced significant growth. Consensys, a prominent organization, recently highlighted that 92% of the global population is aware of cryptocurrencies, indicating a widespread familiarity with this digital asset class. People have made considerable progress in understanding and appreciating the value of cryptocurrencies. Furthermore, there has been a gradual increase […]
Binance Teams Up With Ingenico To Boost Crypto Adoption In France
Prominent crypto exchange Binance and payment processor Ingenico have forged an alliance to provide digital asset payment solutions in France. Through this partnership, customers will be able to utilize Binance Pay to make cryptocurrency payments at two locations that employ Ingenico’s payment terminal: La Carlie, a pub, and Miss Opéra, a retail store. In accordance […]
France Regulator Seeks To Make Licence Compulsory By Oct 1 2023
Crypto firms in France would have to obtain mandatory licence in order to operate their business. As per a tweet by the nation’s financial markets authority [AMF], “The AMF, like the parliament, calls for an accelerated move to a regime of obligatory licensing for non-registered providers” of crypto services, its chair Barbat-Layani said at an […]