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4 Countries That Really Don’t Like Facebook’s Crypto Libra – CCN.com

Governments around the world went on high alert after American social media giant Facebook announced a permissioned blockchain digital currency, named Libra.

Unsurprisingly, the prospect of a privately-backed alternative digital currency didn’t exactly excite financial regulators in North America, Europe, and Asia.

Here are the four countries that really don’t like Facebook’s Libra.

France Is Not a Fan of Libra

France has, perhaps, been the most vocal opponent of Facebook’s cryptocurrency — stating last Thursday that the country will block the development of Libra.

French finance minister Bruno Le Marie vowed to block Libra’s development in Europe. | Source: Shutterstock

Citing concerns pertaining to consumer risk and governments’ monetary sovereignty, French Finance…

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