France Warns It Will Block Development Of Facebook's Libra Cryptocurrency

"I want to be absolutely clear: in these conditions, we cannot authorise the development of Libra on European soil," Le Maire said at the opening of an OECD conference.

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France Warns It Will Block Development Of Facebook's Libra Cryptocurrency

France warns it will block development of Facebook's Libra cryptocurrency


Paris: 

France warned on Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments.

"I want to be absolutely clear: in these conditions, we cannot authorise the development of Libra on European soil," Le Maire said at the opening of an OECD conference on virtual, crypto currencies.



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