France Enhances Security for Crypto Entrepreneurs Amid Kidnappings – Coincu

Interior Minister Bruno Retailleau announced enhanced security measures for cryptocurrency entrepreneurs in France following increased kidnappings, with immediate safety implementations.

France Acts to Protect Crypto Entrepreneurs from Kidnappings

French authorities have responded to a rise in crypto-related kidnappings by prioritizing security measures for entrepreneurs. The decision follows several high-profile incidents, including an attempted kidnapping in Paris on May 13. At least three such attacks have occurred this year. Minister Bruno Retailleau addressed the pressing issue by issuing a plan to safeguard the sector. “These repeated kidnappings of professionals in the crypto sector will be fought with specific tools, both immediate and short-term, to prevent, dissuade and hinder in order to protect the industry.” – source

The French Interior Ministry has introduced measures such as giving crypto entrepreneurs priority access to emergency services. These actions are designed to deter future incidents and protect individuals against potential threats. Families of entrepreneurs will also be involved in new safety protocols.

Industry leaders, like Eric Larchevêque, co-founder of Ledger, acknowledged the government’s efforts to tackle the problem. They commended the ministry’s proactive stance, enhancing confidence within the sector. Increased law enforcement training on anti-crypto laundering was also noted as a significant advancement in defense strategy.

Rising Kidnappings Drive Regulatory and Security Changes in France

Did you know? French cryptocurrency industry professionals have faced rising kidnapping risks, with 14 of 50 known global attacks in 2025 occurring in France, highlighting the need for these security measures.

According to CoinMarketCap data, Bitcoin (BTC) is currently valued at $103,158.45 with a market cap of $2.05 trillion. Bitcoin’s 24-hour trading volume is $37.88 billion, marking a 19.79% decrease. The cryptocurrency’s seven-day price change shows a slight decline of 0.10%.

Coincu research indicates that increased security measures may influence the regulatory landscape in France. The country’s stance could potentially reshape industry protections globally, reflecting similar historical security challenges in emerging financial sectors. Enhanced law enforcement preparedness underscores the importance of evolving security mechanisms. Strong industry support, like Eric Larchevêque, co-founder of Ledger, acknowledged the government’s efforts to tackle the problem.