France Says No to Libra

September 12, 2019
Facebook's Libra project facing a major set back overseas. The French Finance Minister said that, as it is currently constructed, the cryptocurrency will not be authorized on European soil because it puts the sovereignty of governments at risk. Andres Ricaurte, Senior Vice President and Global Head of Payments at Mphasis, joined Cheddar to discuss how big of a blow it would be to Facebook if it were to be denied completely in Europe.
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