French Judge Orders Trial of Alleged BTC-e Operator Alexander Vinnik
Vinnik will reportedly face charges including defrauding more than 100 people in six French cities from 2016 to 2018.
The issuer claims EUR-L is the first France-originated digital asset pegged to the euro.
Arianee’s raise marks the first time a fund linked to the French government has bought into blockchain tokens.
France proposed the change as part of a package of reforms to strengthen financial regulation across Europe.
The French finance ministry is imposing sweeping KYC rules on all VASPs in the country.
Hundreds of thousands of euros may have been supplied through a secret network benefiting al-Qaida-linked extremists in northwestern Syria.