The Finance Committee within the French National Assembly has released a report dealing with the current applications of cryptocurrencies and blockchain technology. Eric Woerth, the president of the committee, asserts that certain cryptocurrencies facilitating anonymous transactions should be banned to prevent illegal funding and money laundering activities.
“We must be aware of the problems that [cryptocurrencies] can pose in terms of fraud, tax evasion, money laundering or fraud, or energy consumption,” Woerth says, as cited by Forbes in a translation of the ...