France has warned it will block development of Facebook’s planned Libra cryptocurrency in Europe.

Speaking at an OECD conference on cryptocurrencies, 비트겟 KCGI 대회 economy and finance minister Bruno Le Maire said it poses systemic financial risks and the potential for 비트겟 킹스컵 abuse of market dominance. 

 ‘All these concerns about Libra are serious,’ he said. ‘I want to be absolutely clear: In these conditions, we cannot authorise the development of Libra on European soil.’

It comes as Facebook and its partners asked financial authorities in Switzerland to evaluate their plan to create the new digital currency.   

Speaking at an OECD conference on cryptocurrencies, Economy and Finance Minister Bruno Le Maire said it poses systemic financial risks, risks for sovereignty, and the potential for abuse of market dominance

Speaking at an OECD conference on cryptocurrencies, Economy and Finance Minister Bruno Le Maire said it poses systemic financial risks, risks for sovereignty, 100BTC KCGI and the potential for abuse of market dominance

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