Crypto

French police detain twenty suspects over cryptocurrency kidnappings

Published

7 months ago

May 27, 2025

French police detain twenty suspects over cryptocurrency kidnappings

French police have arrested around 20 people alleged to have been involved in a recent spate of kidnappings and kidnapping attempts against cryptocurrency bosses and their families.

The arrests took place on Monday and Tuesday, according to media outlet Franceinfo.

French media reported that half a dozen suspects were taken into custody on Tuesday in connection with the attempted kidnapping of the daughter of cryptocurrency boss Pierre Noizat earlier this month.

The attack, which took place in broad daylight on 13 May, shocked France. Assailants were filmed trying to kidnap Noizat’s pregnant daughter, who was out for a walk with her partner and their child.

Tuesday’s arrests came after a dozen other people were detained in the commune of Couëron, near the western French city of Nantes, on Monday.

In response to the increasing number of violent attacks against cryptocurrency professionals and their families, French Interior Minister Bruno Retailleau convened an emergency meeting with industry leaders in mid-May.

During the meeting, Retailleau outlined ways of ensuring their security, including a plan to give them access to special emergency contact numbers.

“These serial kidnappings will be combated with specific tools, both immediate and short-term, to prevent, deter and hinder in order to protect the industry,” Retailleau said after the meeting.

“The entire state apparatus is fully mobilised to track down the perpetrators and instigators of this violence and put them out of action”, he added.

Related Topics:crime cryptocurrency europe France money

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Crypto

Crypto Tax Pressure Reaches Congress as Lawmakers Face Urgent Push to Rewrite Federal Rules

Published

1 hour ago

December 17, 2025

Press Room

Lawmakers are confronting rising pressure to modernize cryptocurrency tax policy as uncertainty clouds compliance, threatens U.S. competitiveness, and forces Congress to weigh legislative action amid warnings that capital and innovation could move offshore.

Crypto

Cryptocurrency becomes trendy holiday gift option

Published

13 hours ago

December 16, 2025

Press Room

Cryptocurrency becomes trendy holiday gift option

PHOENIX (AZFamily) — Cryptocurrency is appearing on more holiday wish lists as gift-givers look for alternatives to traditional presents.

A new survey from the National Cryptocurrency Association and PayPal shows 24% of Americans have given or are considering giving cryptocurrency this holiday season.

The survey also found that 17% of consumers would rather receive cryptocurrency than a gift card, and 31% of Americans believe crypto gifts are less likely to go unused than gift cards.

“It’s actually a trending holiday gift, especially compared to gift cards,” said Ali Tager, a spokesperson for the NCA. “We know crypto is becoming increasingly mainstream.”

Tager said people like receiving cryptocurrency because it has the potential to increase in value.

“There’s so much you can do with this technology and it’s still in its early days,” she said.

Financial advisor Angelica Prescod said there are other investment options to consider for gift-giving.

“One of them is just gifting people something simple. Maybe some shares of some stocks that you may already have, that you are gifting over, or you can give them the cash to do so and open up their own account and feel involved in the process,” Prescod said. “For most folks [cryptocurrency] is not really the go to.”

Gift-givers can also contribute to 529 plans for college and other education expenses.

“It’s that gift that potentially can keep on giving,” Prescod said.

For those still interested in giving cryptocurrency, experts recommend doing research first.

“Like with everything, anywhere, you always want to do your research. You want to make sure to verify your sources. You never want to take financial advice from strangers or click on random links that you receive,” Tager said.

The National Cryptocurrency Association offers a crypto simulator that helps users learn how to choose an exchange, set up a wallet, and send and receive cryptocurrency without spending real money.

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Crypto

Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens

Published

1 day ago

December 16, 2025

Press Room

Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens

Visa is moving deeper into stablecoin-powered payments as adoption surges, launching a new advisory practice to help banks, fintechs, and enterprises design, assess, and deploy stablecoin strategies across global payment and treasury operations.