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France Cracks Down on Crypto Kidnappings—Minister Rolls Out Protection Plan for Digital Asset Pros

France Cracks Down on Crypto Kidnappings—Minister Rolls Out Protection Plan for Digital Asset Pros

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-16 16:05:32
0

French Minister Agrees on Measures to Protect Crypto Professionals After Kidnappings

After a string of high-profile abductions targeting crypto traders and entrepreneurs, France’s finance ministry finally moves to act. New security measures aim to shield industry players—better late than never for a government that still thinks Bitcoin is a passing fad.

The plan includes enhanced surveillance of high-risk transactions and panic-button protocols for OTC desks. Because nothing says ’secure’ like bureaucrats scrambling to regulate a problem they ignored until it made headlines.

One silver lining? At least the minister didn’t suggest ’just using banks instead’—this time.

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