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France Launches Emergency Measures to Protect Crypto Entrepreneurs Amid Crime Wave

Following a series of violent kidnappings, Interior Minister Bruno Retailleau has introduced immediate security protocols and pledged long-term collaboration with the cryptocurrency sector.

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Le ministère de l’intérieur a convoqué vendredi 16 mai 2025 un groupe de travail avec les acteurs de la filière des cryptomonnaies en vue d’un plan d’action pour rehausser le niveau de sécurité de ce secteur. Photo d’illustration.
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Le ministre de l’Intérieur Bruno Retailleau, le 14 mai.

Overview

  • A surge in kidnappings and extortion attempts targeting cryptocurrency executives and their families has created a climate of fear in France's crypto sector.
  • On May 16, Interior Minister Bruno Retailleau met with key crypto entrepreneurs to address security vulnerabilities and announce new protective measures.
  • Immediate measures include priority access to emergency services, domicile security consultations, and security briefings by elite police units such as GIGN and RAID.
  • The Association for the Development of Digital Assets (ADAN) will lead industry efforts to promote vigilance and best practices among crypto professionals.
  • Debate continues over the adequacy of these measures, with some entrepreneurs calling for judicial reform and even advocating for the right to carry firearms for self-defense.