Paris kidnap attempt puts EU crypto data laws under fire
LONDON, May 18 — New regulations threaten the security of the personal data of cryptocurrency users and may expose them to “physical danger”, the platform at the centre of last week’s Paris kidnapping attempt has claimed.
“A ticking time bomb,” said Alexandre Stachtchenko, director of strategy at French platform Paymium, referring to the way information must now be collected during cryptocurrency transfers under EU rules.
He did not directly link this to a kidnapping attempt on Tuesday which, according to a police source, targeted the daughter and grandson of Paymium’s chief executive.
“If there is a leak of one of these databases from which I can find out who has money and where they…
