France To Ban Anonymous Cryptocurrencies

France To Ban Anonymous Cryptocurrencies

Eric Woerth, The head of the Finance Committee of France’s National Assembly has proposed to ban on anonymous cryptocurrencies, or so-called privacy coins. In his report various problem with the anonymity like fraud, tax evasion, money laundering, and energy consumption have been raised to ban it. Per contra, France’s overall stance towards digital currencies remains vague.

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