France vows to block FB's Libra development in Europe - Breaking The News
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France vows to block FB's Libra development in Europe

EPA-EFE/LUONG THAI LINH

French Finance Minister Bruno Le Maire said on Thursday that France cannot authorize the development of Facebook Inc.'s digital currency on the "European soil," stressing that "monetary sovereignty of states is at stake."

Le Maire has said before that "it is out of question" for the digital currency created by Facebook Inc. to "become a sovereign currency."

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