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French Economy and Finance Minister Bruno Le Maire stated the nation will block Facebook’s Libra cryptocurrency, after recent concerns regarding the threat to the sovereignty of national currencies in the EU.
Facebook is offering up to $10,000 for any bugs found in their cryptocurrency project Libra.
During Facebook’s quarterly earnings call, Mark Zuckerberg stated the company will work with regulators for “however long it takes” before launching Libra.
Billionaire Michael Novogratz and Circle Internet Financial CEO, Jeremy Allaire stated Facebook’s Libra token is a bullish sign for bitcoin.
Huawei CEO Ren Zhengfei has stated he would like to issue a cryptocurrency to compete with Facebook’s Libra, during a recent interview with Italian...