France Enhances Security for Crypto Entrepreneurs Amid Kidnapping Surge

French authorities have escalated protective measures for cryptocurrency entrepreneurs following a series of violent kidnapping attempts targeting industry figures. Interior Minister Bruno Retailleau unveiled new protocols, including priority police emergency line access and home security assessments for affected families.

Three high-profile incidents in recent months prompted the crackdown. On May 13, assailants attempted to abduct both the daughter and grandson of a prominent crypto executive. The government aims to ’prevent, dissuade and hinder’ further attacks through enhanced surveillance and security briefings.

This security mobilization underscores the growing risks facing digital asset innovators as crypto wealth becomes more visible. France’s proactive stance may set a precedent for other jurisdictions grappling with crypto-related crime waves.