2019-9-12 12:38 |
French minister of Economy and Finance promises that Libra development will not be authorized on the European ground
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Xavier Niel, a French billionaire businessman active in the telecommunications and technology industry who is best known as the founder of the French Internet service provider Iliad, wrote an article for LesEchos expressing his support for the Facebook crypto project, Libra, October 11, 2019.
2019-10-11 16:10 | |
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While Facebook (FB) is planning to acquire Swiss payment system license for Libra, France is not at all interested in letting its cryptocurrency project — expected to launch in 2020 — get off the ground.
2019-9-12 18:44 | |
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Facebook’s ambitious cryptocurrency project, Libra, has been facing a lot of heat in Europe since its announcement in June. Now, according to Reuters, the French finance minister, Bruno Le Maire, doesn’t want it to operate in the EU, as he feels it’s unclear exactly how the digital currency will function.
2019-9-12 13:47 | |
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The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies.
2019-9-12 12:35 | |
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While the world is looking at Facebook’s Libra and its recent senate hearing, France is knuckling down and is set to approve the first wave of cryptocurrency businesses under new legislation. Under the rules, cryptocurrency-related firms will voluntarily abide by a regulatory framework that requires them to pay tax, provide consumer protection, and meet capital requirements, Reuters reports.
2019-7-17 11:21 | |
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Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor
2019-7-3 16:12 | |
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By CCN Markets: Facebook’s unveiling of Libra, its cryptocurrency project coming in 2020, has caught the attention of many, including the French Finance Minister. Bruno Le Maire, speaking on French Radio, has said that this new cryptocurrency cannot operate as a sovereign currency.
2019-6-19 12:05 | |
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French Finance Minister Bruno Le Maire has called on the Group of Seven central bank governors to prepare a July report regarding the financial aspects of Facebook's Libra cryptocurrency, as European Parliament members fear the social media platform could become a shadow bank.
2019-6-18 18:58 | |
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