Jean-Pierre Landau In January 2018, Jean-Pierre Landau was assigned on a mission by the French Minister of Economy and Finance to investigate and propose some orientations on the evolution of cryptocurrencies’ regulations.
One of the main targets for this mission was also to fight against utilization of cryptocurrencies such as Bitcoin for tax evasion, money laundering or funding of criminal and terrorists’ activities.
The Frenchman says too many regulations imposed on cryptocurrencies could bring innovators to avoid regulations and freezing a technology in evolution into legislation.
The said [decentralized management] of cryptocurrencies imposes a very heavy, long and costly validation procedure – often deliberately costly, like it is the case with Bitcoin.
“Regulating Crypto is Unnecessary and Unwanted”
It is both unwanted and unnecessary to directly regulate cryptocurrencies, Landau wrote.
This week, the U. S. Department of Justice and other law enforcement agencies banded together to bring down some bad actors on the dark web. EOS is undergoing some growing pains with the launch of its network, exposing the trials and tribulations of an all-too-centralized governance model.
The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture.
The European Union (EU) has announced that it will host an online Ask Me Anything (AMA) session on June 18, 2018, at 6 p. m. CEST. The event, organized and hosted by the European Blockchain Observatory and Forum of the EU, will last for 90 minutes and cover blockchain technologies with in-depth explanations, interactive discussions with panelists and public questions answered live.
A Pakistani-American woman is facing up to 20 years in prison after she admitted to sending Bitcoin to a terrorist organization to fund their deadly criminal operation and activities. 27-Year-Old New York Woman Funds ISIS with Bitcoin Zoobia Shahnaz, a 27-year old New York hospital technician, has admitted to a Federal Court Judge that she.
