France Pushes to Block Growth of Libra in Europe

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France’s Minister of the Financial system and Finance has stated the nation will block the event of Libra in Europe because it threatens “financial sovereignty.”
Bruno Le Maire acknowledged that he had severe issues concerning the disruption the deliberate Fb-led cryptocurrency might have on governments’ financial energy at a gathering of the Organisation for Financial Co-operation and Growth in Paris. “This eventual privatization of cash accommodates dangers of abuse of dominant place, dangers to sovereignty and dangers for customers and for firms,” stated Le Maire with reference to Libra.
Libra could be decentralized like …
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