France to block Facebook’s Libra cryptocurrency in Europe

September 12, 2019 at 06:30PM

Finance minister says governments’ monetary sovereignty could be at risk

France has said it will block the development of Facebook’s Libra in Europe, dealing the cryptocurrency a fresh blow.

The French finance minister, Bruno Le Maire, said plans for Libra could not move ahead until concerns over consumer risk and governments’ monetary sovereignty were addressed.

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France to block Facebook’s Libra cryptocurrency in Europe …

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