Less than 12 hours after it was announced, Facebook’s new libra cryptocurrency was already causing the kind of concern in European financial circles that even Bitcoin has not been able to generate.
Malta may call itself the “Blockchain Island” but it got some stiff competition on April 15 when French Finance Minister Bruno Le Maire proposed that its European Union partners “set up a single regulatory framework on crypto-assets inspired by the French experience."
The French financial publication Les Echos is reporting that a new law passed on April 11 allows French savers to invest in cryptocurrencies in their “assurance vie” life insurance accounts, which are used mainly as medium- to long-term savings vehicles aimed at retirement.
Switzerland’s proposed new e-voting system has a flaw clouding the country’s Crypto Valley. It’s serious enough to allow hackers to steal an election without being detected.