French lawmaker Sarah Knafo has invited Samson Mow to visit France, and Mow says he is keen to kick off a wave of nation-state Bitcoin adoption across Europe.
France News
France, officially the French Republic, is a transcontinental state which has territories on several continents. The country is developed and takes one of the leading roles in industrial production. In terms of total economic volume, France is second after Germany in European Union and is the sixth in the world. In terms of cryptocurrency in France, the news is all about reducing taxes on virtual currencies. In France, the government has shown a position of support and the next step is going to be the creation of legal regulations to protect investors and users and to gain benefits for their national economy. Currently, a lot of participation in the cryptocurrency market in France relies on the policy of the president.
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The latest reported “wrench attack,” in which criminals targeted individuals for their crypto holdings, occurred in the suburbs of Paris this week.
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The Telegram founder will once again be allowed to travel to Dubai for a short period before returning to France, where his case is ongoing.
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According to the Telegram founder, France’s political leaders continue to make poor choices regarding censorship.
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The crypto trader was reportedly forced into a stolen vehicle by four assailants as part of a 50,000 euro kidnapping plot.
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The father of an unnamed crypto entrepreneur was held captive at a property for several days until a May 3 police raid liberated him.
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In an interview with Tucker Carlson, Pavel Durov’s first since being indicted on six charges in 2024, said his company did nothing wrong.
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Moroccan police arrested Badiss Mohamed Amide Bajjou, who is accused of being one of the ringleaders behind a spate of recent crypto-related kidnappings in France.
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Paris-based Blockchain Group acquired $68 million in Bitcoin, bringing its total holdings to 1,471 BTC amid rising institutional interest in crypto treasury strategies.
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French prosecutors charged 25 people over a wave of crypto-related kidnappings. However, the masterminds remain at large.
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French authorities suspect the possibility of a criminal organization behind two recent crypto-linked alleged kidnappings, Le Parisien reports.
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The Blockchain Group’s stock price jumped over 225% in November after it started buying Bitcoin, and is up over 765% so far this year.
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Revolut plans to invest over $1 billion in France, establish an EU headquarters in Paris and apply for a local banking license as it targets rapid expansion in its largest market.
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Durov did not name the EU country that asked him to censor "conservative voices" on the platform but hinted at it with a baguette emoji.
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French law enforcement will offer crypto entrepreneurs and their families a police emergency line and conduct house visits to ensure their safety amid a recent spate of attacks.
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