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Thursday 12 September 2019

France will block development of Facebook Libra cryptocurrency

France warned on Thursday that 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," Bruno Le Maire said at the opening of an Oecd conference on virtual, cryptocurrencies.

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