France will block development of Facebook Libra cryptocurrency

प्रकाशित मिति : २६ भाद्र २०७६, बिहीबार १७:२४

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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