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The development of the cryptocurrency of Facebook, Libra, can have the days counted in Europe. He has found a tough rival: France.
The French Government, as reported by France Presse, announced Thursday its intention to cut the development of Libra in the European Union.
France said Thursday that it will block the development in Europe of the pound, the cryptocurrency that Facebook wants to launch in 2020, because it threatens the "monetary sovereignty" of governments.
"I want to be absolutely clear: under these conditions, we cannot authorize the development of the pound on European soil," French Economy Minister Bruno Le Maire said in an opening speech at an OECD conference.
(There will be enlargement)
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