Key Takeaways:
Adan celebrated this win, which protects users in France, a nation suffering 40% of Europe’s wrench attacks.
Scrapping the €5,000 reporting rule avoids future attacks fueled by leaked tax data, notes Telegram’s CEO.
French National Assembly Drops Self-Custody Funds Disclosure From Upcoming Fraud LawAdan celebrated this outcome, stressing that they had been taking action since last November to defend their position before administrative bodies, government offices, and deputies, explaining that they supported strengthening the fight against fraud but were against creating an unworkable and risky obligation for taxpayers.
High-profile industry figures, including Binance’s head in the country and Ledger co-founder David Balland, have been targeted, as France accounts for nearly 40% of these attacks across Europe.
