France to block Facebook's Libra cryptocurrency in Europe
by Richard Partington and agencies from Economics | The Guardian on (#4Q63T)
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.
Related: What is Libra? All you need to know about Facebook's new cryptocurrency
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