French finance minister does not like Facebook’s planned Libra currency

French finance minister does not like Facebook’s planned Libra currency
French finance minister does not like Facebook’s planned Libra currency

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The EU should refuse the development of Facebook’s Libra currency, French Finance Minister Bruno Le Maire said Thursday.

The minister, who had already publicly expressed his doubts about Facebook’s virtual currency project at the Chantilly G7 Finance in July, also expressed fears that the Libra will escape state control over the financing of terrorism.

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