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French Finance Minister Bruno Le Maire, who as soon as mentioned Fb’s Libra token would danger the “financial sovereignty of states,” is constant his criticism of cryptocurrencies.
In an Oct. 19 tweet, Le Maire claimed some cryptocurrencies are related to buying medication and weapons along with getting used for cash laundering. Nonetheless, he additionally wrote that he doesn’t “query the reliability and traceability of all blockchain expertise.”
Cher @cyrilpaglino, nous ne remettons pas en trigger la fiabilité et la traçabilité de toutes les applied sciences de la blockchain. Mais certaines cryptomonnaies ont pu être utilisées pour faciliter des transactions frauduleuses (drogue, armes, blanchiment) de manière anonyme. Nuance. https://t.co/m2YFNa9ipd
— Bruno Le Maire (@BrunoLeMaire) October 19, 2020
Le Maire was responding to Cyril Paglino, a common companion in crypto fund Starchain Capital, who mentioned blockchain transactions had “little interest in terrorists.” Paglino referenced the latest FinCEN leak, which confirmed that many banks had been in actual fact enabling cash laundering.
This story is growing and might be up to date.
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