Article 4Q631 France to block Facebook's Libra cryptocurrency in Europe

France to block Facebook's Libra cryptocurrency in Europe

by
Richard Partington and agencies
from Technology | The Guardian on (#4Q631)

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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