Home Internet France seeks Facebook Libra cryptocurrency ban in Europe

France seeks Facebook Libra cryptocurrency ban in Europe

- Advertisement -

FROM: Independent

France’s economic minister declared that the French government intends to block the development of Facebook’s Libra cryptocurrency in Europe because of the systematic threats it poses to financial security and stability.

- Advertisement -

During remarks at an OECD conference dedicated to cryptocurrencies, France’s Bruno Le Maire said that risks are simply too great and trust in Facebook is too low, according to French newspaper Le Figaro.

“I want to be absolutely clear: In these conditions, we cannot authorize the development of Libra on European soil,” Le Maire said. He added: “The monetary sovereignty of the (European) states is in play.”

All Rights and Copyright © belongs to Source:

SOURCE: Independent

Pauline A . E
Be the change you want to see in the world...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

video

5 LATEST GADGETS AND INVENTIONS 2021 | YOU SHOULD HAVE ►6

5 LATEST GADGETS AND INVENTIONS 2021 | YOU SHOULD HAVE ►6 5 LATEST GADGETS AND INVENTIONS 2021 | YOU SHOULD HAVE ►6
video

Top 5 Best Future Gadgets And Future Technology Coming in 2021

Top 5 Best Future Gadgets And Future Technology Coming in 2021 Top 5 Best Future Gadgets And Future Technology Coming in 2021
video

5 SMART USEFUL Inventions and Gadgets 2021 | That Are At Another Level➜2

5 SMART USEFUL Inventions and Gadgets 2021 | That Are At Another Level➜2 5 SMART USEFUL Inventions and Gadgets 2021 | That Are At Another...
video

Top 5 Cool Inventions and Gadgets 2021 | That Are At Another Level ➜5

Top 5 Cool Inventions and Gadgets 2021 | That Are At Another Level ➜5 Top 5 Cool Inventions and Gadgets 2021 | That Are At...
video

Top 5 Best Future Gadgets And Future Technology Coming in 2021

Top 5 Best Future Gadgets And Future Technology Coming in 2021 Top 5 Best Future Gadgets And Future Technology Coming in 2021