Electronic Money: The French Government Strengthens Financial Intermediaries’ Obligations

November 16th, 2016 | Posted by Claude-Etienne Armingaud in Blockchain | Competition | eCommerce | France | Legislation | Trusted Services and eSignature - (0 Comments)

On November 10, 2016, the French Government issued a decree against the financing of terrorism which contains various measures addressing anonymous electronic money [source in French]. This new regulatory measure applies to electronic money issuers as well as their distributors, credit institutions, finance companies, consumers, and to any person who physically transfers money from a certain amount.
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