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French Minister of Economy to Ask for Guarantees From Facebook In Regards to Its Forthcoming Coin

Published 06/18/2019, 02:28 PM
Updated 06/18/2019, 02:42 PM
French Minister of Economy to Ask for Guarantees From Facebook In Regards to Its Forthcoming Coin
META
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French Minister of the Economy and Finance intends to “ask for guarantees” from Facebook (NASDAQ:FB) in regards to its forthcoming digital currency Libra, media outlet Europe 1 reported on June 18.

The Minister of the Economy and Finance, Bruno Le Maire told Europe 1 that Facebook’s long-awaited stablecoin Libra is an “attribute of the sovereignty of the States” and should “remain in the hands of the States and not of the private companies which answer to private interests".

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