The Mayor wants to act against cryptocurrencies that finance terrorism

Bitcoin, the virtual currency -

Money, and more particularly when it is opaque, is the lifeblood of the war against terrorism.

For Bruno Le Maire, it is therefore necessary to take measures because “cryptocurrencies pose a real problem of terrorist financing”.

As Minister of Finance, @BrunoLeMaire will propose that within the framework of the law on separatism, the control of cryptocurrencies be strengthened to “monitor the funding of Islamist networks.” # ConflansSaintHonorine

📺 @letellier_ftv @ France3tv #DIMPOL pic.twitter .com / rjXLO3iNEF

- DimancheEnPolitique (@DimPolitique) October 18, 2020

"There is today a funding problem for a number of Islamist associations or Islamist networks on which I think we must and we can do better," said the Minister of the Economy Sunday on France 3. He therefore intends to make proposals to the Minister of the Interior, to Matignon and to the Elysee, "to strengthen the control of financial funds".

Transfers without any trace

Currently, "you can go and ask for 150 euros in a tobacco bar, then 150 euros in another tobacco shop and ultimately collect a large sum, 1,500 euros, which an Islamist association or a fighter located abroad can withdraw. in cash abroad without any trace ”, he illustrated, guest of the program Dimanche en politique.

In mid-September, Paris, Berlin, Rome, Madrid and The Hague had also demanded very strict rules for the deployment of cryptocurrencies, such as Facebook's Libra, on European soil.

Justice

Sixteen terrorist cyber-financing suspects in Syria still in custody

Society

The authors of 80 messages in support of the Conflans terrorist will be checked

• Terrorism

• Society

• Virtual currency

• Economy