The G7 finance ministers gathered in Chantilly, France, on Wednesday, presenting a united opposition to Facebook’s plan to launch Libra, a digital currency.
“There’s widespread concern,” admitted Italy’s Giovanni Tria, warning that legislation to hinder this development would soon be introduced.
“Today the conditions are not in place for this currency the Libra as proposed by Facebook to go ahead,” the French finance minister Bruno Le Maire; Le Maire also made clear that he did not want to se...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|