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September 12 - 17:09
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Facebook's Libra in Europe? No thanks, says France.
French Finance Minister Bruno Le Maire has told a meeting of the OECD that Facebook's planned digital currency, Libra, should be blocked in Europe as long as it fails to satisfy a raft of concerns. He said risks to sovereignty, financial systems, and of a dominant market player are too great. Facebook hopes to launch the currency next year from a base in Switzerland.
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