Facebook S Libra To Be Blocked In France And Germany
The announcement is reportedly a response to Facebook’s recent plan to seek a payments license for Libra in Switzerland. The two European countries released a joint statement on the matter, saying that “no private entity can claim monetary power, which is inherent to the sovereignty of nations”. Also in response to Libra, the respective ministers of both countries said that it would instead back the development of an alternative public cryptocurrency instead....