France’s Minister of the financial system Bruno Le Maire has appointed an open Bitcoin critic to head a challenge pressure inspecting cryptocurrency law, neighborhood source Les Echos reviews Monday, Jan. 15.
Jean-Pierre Landau, who known as Bitcoin “the tulips of contemporary instances” 4 years ago, will now head France’s efforts to “better control” its regulatory evolution.
“We want a solid financial system,” minister Le Maire told newshounds in a consultation all through which he introduced Landau’s appointment.
“We cannot allow speculative threat and the possibility of misappropriation [of funds] connected to Bitcoin.”
regardless of Landau’s beyond competition, Les Echos describes him as “Monsieur Bitcoin,” Mister Bitcoin.
Landau’s responsibilities may even contain discovering how French authorities can forestall “tax evasion, money laundering and criminal and terrorist interest financing” the use of cryptocurrency.
Le Maire himself has emerge as a vocal proponent of legislative improvements for cryptocurrency at an global stage in latest months.
In December, he introduced his desire for Bitcoin to be a subject of discussion at the imminent G20 Summit in Argentina scheduled for March.
“there's evidently a threat of speculation. We need to recollect and take a look at this and notice how... with all the other G20 participants we will modify Bitcoin,” he advised neighborhood news network LCI.
