A new bill has been drafted in France to improve the safety of crypto entrepreneurs in light of recent kidnapping incidents.
Recent Kidnapping Incidents
In recent months, there have been multiple kidnapping attempts targeting crypto figures and their families in France, notably including a co-founder of Ledger. These alarming trends have prompted a societal call for better protective measures for those in the crypto industry.
Initiatives for Personal Data Protection
In response to rising criminal threats, French officials have proposed measures to enhance the confidentiality of personal information of business leaders. One key initiative suggests the deletion of addresses from trade registers. French Justice Minister Gérald Darmanin has introduced a new decree to expedite this change.
Future Security Measures
As of now, 25 individuals have been charged in connection with the abductions, and an alleged mastermind was arrested. French Interior Minister Bruno Retailleau called a meeting with crypto executives to discuss collective security measures, emphasizing the need for collaboration in ensuring their safety.
The draft bill in response to the surge in criminal incidents signifies a governmental effort to protect crypto entrepreneurs and reinforce their privacy and security.
