The National Front wants to preserve cash and ban Bitcoin, which it sees as an unsafe form of payment. The EU has yet to legislate on the subject. EurActiv France reports.
In its economic policy, the extreme-right National Front (NF) is often radical and unconventional. The party’s position on electronic currencies is no exception: it simply wants to ban them.
Marine Le Pen, the party’s president, published a press release in May, in which she called on French citizens to reject what she called the “alienation” brought about by virtual currencies and the decline of cash.
In the same statement, she attacked Bitcoin and the European Central Bank’s decision to stop printing the €500 note.
“The survival tactics of the financial oligarchs are to avoid any possible leakage of their clients’ money through massive withdrawals outside the banking system. Cash, notes and coins, become the enemy,” Le Pen wrote.
The NF is also a harsh critic of the progressive disappearance of cash payments, for which the limit in France was reduced from €7,500 to €1,000 in 2015.
http://www.euractiv.com/section/euro-finance/news/national-front-calls-for-ban-on-bitcoin/