“France is set to bring new, stringent measures for the crypto sector, The Block has learned.
The country’s finance ministry is preparing to not only harden know-your-customer (KYC) rules for crypto firms but also bring crypto-to-crypto exchanges under regulation, Simon Polrot, president of French crypto association ADAN, told The Block in an interview.
The main reason for the proposed stricter measures are the recent terrorist attacks on France, these sources told The Block.”