[2018-01-17] Critical ‘Monsieur Bitcoin’ Appointed Head of French Crypto Regulat

[cybersofts]

Critical ‘Monsieur Bitcoin’ Appointed Head of French Crypto Regulatory Task Force



France’s Minister of the Economy Bruno Le Maire has appointed an open Bitcoin critic to head a task force examining cryptocurrency regulation, local source Les Echos reports Monday, Jan. 15.

Jean-Pierre Landau, who called Bitcoin “the tulips of modern times” four years ago, will now head France’s efforts to “better control” its regulatory evolution.

“We want a stable economy,” minister Le Maire told reporters in a session during which he announced Landau’s appointment.

    “We cannot allow speculative risk and the possibility of misappropriation [of funds] linked to Bitcoin.”

Despite Landau’s past opposition, Les Echos describes him as “Monsieur Bitcoin,” Mister Bitcoin.

Landau’s tasks will also involve researching how French authorities can stop “tax evasion, money laundering and criminal and terrorist activity financing” using cryptocurrency.

Le Maire himself has become a vocal proponent of legislative improvements for cryptocurrency at an international level in recent months.

In December, he announced his desire for Bitcoin to be a topic of debate at the forthcoming G20 Summit in Argentina scheduled for March.

“There is evidently a risk of speculation. We need to consider and examine this and see how... with all the other G20 members we can regulate Bitcoin,” he told local news network LCI.


Source: https://cointelegraph.com/news/critical-monsieur-bitcoin-appointed-head-of-french-crypto-regulatory-task-force

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[Samarkand]

...

“We want a stable economy,” minister Le Maire told reporters in a session during which he announced Landau’s appointment.

    “We cannot allow speculative risk and the possibility of misappropriation [of funds] linked to Bitcoin.”

...

France is a notorious high-tax country. These statements of Le Maire just sound like desperate attemps
to paint the current and upcoming taxation of cryptocurrencies as an inevitable outcome.

People should be free to do whatever they want with their money and losing more than half of it
to the state, who uses it to fund questionable endeavours (e.g. intervening in Libya, which has now
turned to a real shithole) is outright theft.

I hope that France one day will implement a more friendly taxation environment for
crytocurrencies like several other European countries like Austria or Germany have already done.

[darkangel11]

France is a notorious high-tax country. These statements of Le Maire just sound like desperate attemps
to paint the current and upcoming taxation of cryptocurrencies as an inevitable outcome.

People should be free to do whatever they want with their money and losing more than half of it
to the state, who uses it to fund questionable endeavours (e.g. intervening in Libya, which has now
turned to a real shithole) is outright theft.

I hope that France one day will implement a more friendly taxation environment for
crytocurrencies like several other European countries like Austria or Germany have already done.

I hate this socialist attitude pushed by France and cheered by most of the EU. Their tax policy is a total rip-off, but it wouldn't be that bad if the money were well spent. Unfortunately the money is being wasted on their stupid ideas like taking a bunch of muslim refugees and giving them allowances, which lead to terrorist attacks and protests, and those attacks and protests aren't something you can sweep under the rug. It requires a lot of money. Tax money.
In the aftermath France had to up security, put more police on the streets, which also costs money, and now they're in desperate need of even more money because suddenly France is no longer a popular tourist destination.