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France will block development of Facebook Libra cryptocurrency
Le Maire said France cannot authorise the development of Libra on European soil.
By
migrator
migrator
Paris
France warned 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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