France vows to block FB's Libra development in Europe

Thursday, 12. September 2019 10:47

French Finance Minister Bruno Le Maire said on Thursday that France cannot authorize the development of Facebook Inc.'s digital currency on the "European soil," stressing that "monetary sovereignty of states is at stake."

Le Maire has said before that "it is out of question" for the digital currency created by Facebook Inc. to "become a sovereign currency."

Related Links: Facebook Inc.
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Breaking the News / NI