France Prepares to Supervise Cryptocurrency Trading by Establishing a Team

In the news we shared with you before, we mentioned that states have made regulations on the prohibition of cryptocurrencies.. Especially Switzerland and Singapore have made a name for themselves with these news recently, and now France; He announced that a team will be established to regulate cryptocurrencies.

According to the reports in the French press, French economy minister, Bruno Le Maire, announced that studies have been initiated to establish a team to oversee cryptocurrencies in the country. .

Speaking on Monday, the Minister of Economy announced that the team to be established will set some bedside rules in crypto money trading and will take part in punishing those who encourage the abuse of this technology or those who abuse this technology.

To the French press. Le Maire, speaking, said:

“Of course, like every country, we want a balanced economy.. We do not want the speculations made using Bitcoin or similar currencies to harm the country’s economy.”

The former president of the French Central Bank, Jean Pierre Landau will be found.

French economy minister speaking about Landau:

“Jean Pierre Landau’s task is to regulate and supervise the cryptocurrency markets. In addition, they will help us in detecting issues such as tax evasion, money laundering and terrorist financing using these funds, and in bringing the relevant persons to the French judiciary.”

As it will be remembered, French economy minister Le Le Maire, in his statement at G-Summit 2018 last month, announced that his country would soon take action to regulate Bitcoin and similar cryptocurrencies, and emphasized that the Bitcoin issue should be discussed in detail at the meeting to be held in Argentina in April.

Leave a Comment