Criminals posing as police in France coerced a couple to transfer nearly $1M in Bitcoin, using fear and authority in a 'wrench attack' that exploits people, not wallets. Abstract: Attackers used impersonation and psychological coercion to force a Bitcoin transfer, illustrating a wrench attack that targets human vulnerability rather than technical wallet exploits.

Gate News message, April 21 — A 40-year-old crypto industry professional in Saint-Jean-de-Védas, near Montpellier, France, thwarted an armed robbery attempt at his home. The suspect, disguised as a delivery person, entered the residence and demanded the victim hand over cryptocurrency wallet

Gate News message, April 20 — Elon Musk has been summoned by French prosecutors to appear in Paris today for questioning regarding alleged misconduct on his social media platform X, including the spread of child sexual abuse material (CSAM) and deepfake content. Both Musk and former X CEO Linda

Gate News message, April 20 — French-listed company Capital B has increased its Bitcoin holdings by 12 BTC, bringing its total holdings to 2,937 BTC, according to an official announcement.

French Finance Minister Roland Lescure urged for greater use of euro-pegged stablecoins and active involvement from European banks to enhance competitiveness in the digital asset market, highlighting the need for deposit tokens to bridge traditional finance and blockchain technology.

French Finance Minister Roland Lescure advocates for euro-denominated stablecoins and urges banks to consider tokenized deposits, supporting the Qivalis alliance's plans for a euro-pegged stablecoin by 2026 to counter U.S. digital payment dominance. This signals a shift from previous French policies against private stablecoins.

French authorities are enhancing security for digital-asset executives and investors due to recent kidnappings. Following these threats, police escorted Paris Blockchain Week attendees, and protective measures for crypto holders are being developed.

Gate News message: On April 13, according to official sources, French listed company Capital B increased its holdings by 37 bitcoins, bringing its total bitcoin holdings to 2,925.

Gate News message, April 10, Denis Beau, Deputy Governor of the Banque de France, called for limiting the use of stablecoins in payments under the framework of the European Union’s Markets in Crypto-Assets regulation (MiCA), especially stablecoins pegged to currencies other than the euro. French regulators are strengthening oversight of crypto assets from multiple directions.

French banking analyst Kit Juckes issued a report stating that if the Federal Reserve keeps interest rates unchanged this year, the U.S. dollar will fluctuate. The market expects G10 central banks to raise rates, but Sweden’s economic growth forecast is only slightly higher than that of the United States, which limits the dollar’s appreciation. If the Federal Reserve cuts rates, the dollar could fall.