In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%. The France-based semiconductor company that announced a move into crypto is “no longer pursuing” a treasury strategy after less than a year. In a Thursday notice, Sequans Communications said it held 658 Bitcoin (BTC) worth about $48 million at the time of publication, which it said was “fully unencumbered” and unrestricted as it looks to refocus solely on Internet of Things (IoT) semiconductor growth. The company's NYSE-traded shares, which have shed more than 75% since last June, were up more than 14.5% in morning trading following the announcement. Read more
A thwarted home invasion near Montpellier adds to France’s surge in violent “wrench attacks,” as high‑profile and doxxed crypto holders are increasingly in criminals’ sights. A man posing as a delivery driver allegedly tried to extort a crypto investor at gunpoint in a suburb of Montpellier, in what local media describe as the first reported crypto-motivated home invasion in France’s Hérault region. According to French outlet Actu.fr, the suspect gained access to the family home in Saint-Jean-de-Védas on April 11, pulled out a handgun and forced the parents and their children into a room before the father overpowered him during a struggle in which a shot was fired. No one was injured, and investigators from the Montpellier research section of the Gendarmerie later identified and arrested a 25-year-old suspect, who has since been charged and remanded in custody while police examine whether he acted alone. Read more
The country's finance minister supported the Qivalis initiative, launched in 2025, to create a euro-pegged stablecoin under the MiCA framework. Roland Lescure, France’s finance minister, backed an initiative by European banks to launch a euro-pegged stablecoin in 2026 to compete with US dollar-backed tokens, which currently dominate the market. According to a Friday Reuters report, Lescure supported the euro-pegged Qivalis stablecoin plan launched in September 2025 by EU banks, including Dutch lender ING and Italy’s UniCredit. The goal of the banks was to create a stablecoin in compliance with the EU’s Markets in Crypto Assets (MiCA) regulatory framework; the MiCA-compliant euro stablecoin is expected to be launched in the second half of 2026. Read more
Jean-Didier Berger said at Paris Blockchain Week that France is preparing new steps to protect crypto holders as wrench attacks and kidnappings keep mounting. Jean-Didier Berger, minister delegate to the interior minister of France, said authorities are taking measures to protect cryptocurrency investors from the growing threat of crypto kidnappings and wrench attacks in the country. Speaking at Paris Blockchain Week, Berger said his office has taken “preventative measures” against crypto wrench attacks, including launching a prevention platform that has drawn thousands of sign-ups. He added that he was working with Interior Minister Laurent Nuñez on what he described as a more serious plan in the coming weeks. His comments come days after another reported crypto-linked abduction in France this week, where a mother and her 11-year-old child were reportedly kidnapped in Burgundy on Monday by four suspects who demanded a 400,000 euro ($471,000) ransom from the father, a crypto entrepreneur. Authorities caught t...
French blockchain-based stock exchange Lise plans to host what it describes as a fully onchain IPO for ST Group. French blockchain-based stock exchange Lightning Stock Exchange (Lise) is preparing to host what it describes as a fully onchain initial public offering (IPO), listing aerospace and defense SME ST Group as its inaugural company. The company called the deal the first IPO on a natively tokenized exchange, where shares are issued and traded as digital tokens rather than recorded through traditional market infrastructure, according to a Thursday announcement shared with Cointelegraph. CEO Mark Kepeneghian said it could fundamentally change “how markets are built, how companies raise capital, and how investors connect to the real economy.” Read more
A French couple was forced to transfer about $1 million in Bitcoin during a fake police home invasion as wrench attacks keep rising, local media reported. A French couple in their late 50s was forced to transfer over 900,000 euros ($1 million) in Bitcoin during a fake police raid at their home west of Paris in the latest violent attack targeting cryptocurrency holders in France, according to TF1 Info and Agence France-Presse (AFP). Three suspects posing as police officers entered the couple’s home Monday morning in Le Chesnay-Rocquencourt, in the Yvelines department, and forced the husband to transfer the Bitcoin (BTC) while threatening the pair with a knife, according to TF1 Info and AFP. The attackers then tied up the man, injured both victims and fled in a white van, the reports said. The woman later freed her husband and alerted neighbors at about 9:00 am local time, according to the reports. The Versailles prosecutor’s office said the case is being investigated by the Brigade for the Repression of Bandit...