February 5, 2023

In the EU banned the circulation of cryptocurrency Facebook Libra

What just do not come up with to advertise this garbage! In fact - the same aggregate fiat in which there is no point. But for people to shawl, you need to forbid a bit!

EU finance ministers decideDo not allow Facebook Libra or any other stablecoin (cryptocurrency tied to conventional currency reserves or physical goods) to go to the EU, Reuters reports. Following the meeting, they came to the conclusion that it is still impossible to say what risks the emergence of a new means of payment carries.

Ministers also declared the needdevelop special laws that will regulate the circulation of cryptocurrencies in the EU. According to the European Commissioner for Financial Affairs Valdis Dombrovskis, the relevant work has already begun.

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