France is experiencing more crypto kidnapping that any other country in the world getty As crypto leaders descend on Cannes next week for ETHCC—the Ethereum Community Conference—there’s a buzz in the air. Ideas are flowing, wallets are syncing, and the promise of decentralized finance feels more real than ever. But there’s another undercurrent in France
The scale of Germany’s ambitions to radically expand defense and infrastructure spending have raised thorny questions about how such spending can be reconciled with EU fiscal rules that Germany — previously a fiscal hawk — had long pushed for. Since March, however, Germany has led a concerted pushed for a loosening of those rules to
LYON: French authorities have arrested five people on charges of kidnapping the father of an influencer and cryptocurrency entrepreneur, prosecutors said on Saturday (Jun 21). In recent months, France has seen several kidnappings and attempted abductions targeting cryptocurrency businesspeople and their families, and authorities have been under huge pressure to act. On Dec 31, 2024,
In the pre-2008 lending boom, American banks sold their dodgiest “subprime” loans to investors around the world. When the U.S. housing bubble burst and borrowers defaulted en masse, a global financial crisis ensued. Brussels now wants to loosen the rules governing the practice, meaning banks would need to put aside less capital against the loans
The plans of many EU countries to boost nuclear power capacities will need an investment of as much as $278 billion (241 billion euros), according to estimates by the European Commission. Many EU countries have drafted plans to increase nuclear power capacity or even return to nuclear energy after decades of no nuclear generation, as
The suspected mastermind behind a string of kidnappings targeting cryptocurrency entrepreneurs in France has reportedly been arrested in Morocco. According to a new Barron’s report, Moroccan law enforcement apprehended Badiss Mohamed Amide Bajjou, a 24-year-old Franco-Moroccan man, after an Interpol red notice was issued for him by French authorities over kidnapping allegations. France has been
HARTFORD, Conn. (AP) — A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van. All, authorities allege, were victims tied to cryptocurrency-related crimes that have spilled out from
Despite transatlantic tensions, several U.S. groups are expected to announce major investment projects, including logistics group Prologis, which will invest around €6.4 billion in new logistics facilities and data centers, and Amazon (€300 million). British digital bank Revolut will also invest €1 billion and ask French authorities for a banking license, while Spanish telecom infrastructure
French prosecutors said on Monday that the police had arrested seven people over the weekend in connection with the kidnapping of the father of a cryptocurrency entrepreneur, adding that the captive had been freed. In a statement, the Paris prosecutor’s office said it had been informed on Thursday that a man had been kidnapped in
A state-backed bank in France is reportedly launching a multimillion-dollar initiative to invest in crypto projects. According to a new report from Bloomberg, French government-owned bank Bpifrance – which has nearly $110 billion in assets under its management – is rolling out a $27 million crypto venture fund to invest in digital asset startups. Not