News

French presidential candidate to censor Bitcoin

Wednesday 8 June 2016 00:25 CET | News

The head of National Front party, Marine Le Pen, has vetoed the use of Bitcoin and called for ending its use and other digital currencies in France. 

In May 2016, Marine Le Pen accused world leaders of seeking to create a world with no cash and positioned Bitcoin as an effort fuelled by Wall Street power brokers.

The French presidential candidate went on to write that her party believes that a currency is a national public good, given [to] the sovereign people, and that the digitization of money will result in broader financial monitoring by the world’s governments, according to coindesk.com.

Whether the National Front, which maintains a small presence in the country’s legislature, could enact this policy goal remains to be seen, the site continues. 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Bitcoin, blockchain, cryptocurrencies, regulations
Categories: DeFi & Crypto & Web3
Companies:
Countries: World
This article is part of category

DeFi & Crypto & Web3






Industry Events