Express
Sources Say France Is About To Implement Mandatory KYC Rules On All Crypto Transactions
Summary: According to The Block, France will adopt new strict regulatory measures on the crypto industry. Simon Polrot, chairman of the French crypto association ADAN, said in an interview with The Block that the French Ministry of Finance not only intends to tight the "Know Your Customer" (KYC) rules of crypto companies but also regulate crypto ...
According to The Block, France will adopt new strict regulatory measures on the crypto industry. Simon Polrot, chairman of the French crypto association ADAN, said in an interview with The Block that the French Ministry of Finance not only intends to tight the "Know Your Customer" (KYC) rules of crypto companies but also regulate crypto to crypto transactions. Currently, the mandatory registration rules in France only apply to crypto-fiat exchanges and cryptocurrency custodians. The source said that the main reason for the proposed stricter measures was the recent terrorist attack in France.
By Mary Liu
Tags: ADAN,Crypto Transactions,France,KYC,Regulation,Simon Polrot
Link: Sources Say France Is About To Implement Mandatory KYC Rules On All Crypto Transactions [Copy]
