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France Bans Facebook’s Libra Cryptocurrency in Europe


On Thursday, Bruno Le Mair, France’s Minister of the Economy and Finance, warned that the country will halt the development of Facebook’s planned cryptocurrency, ‘Libra,’ since the digital asset poises threats to the “monetary sovereignty” of governments. The announcement was made by Le Maire as...

France Doesn't Want Let Libra Into Europe


Due to systemic financial risks, risks for sovereignty, and the potential for abuse of market dominance, we "cannot authorize the development of Libra on European soil," French Finance Minister Bruno Le Maire said on Thursday. “All these concerns about Libra are serious," Le Maire was quoted...

EU Members Adopt Tougher Crypto Rules Than AML Directive Requires


Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member...

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