In a written response to MEP Roberta Metsola (EPP, Malta), published on Wednesday 28 August, the European Commission has affirmed that it is closely following the evolution of Facebook's Libra stable cryptocurrency project and, more broadly, is continuing its assessment of the EU regulatory framework to determine whether it is suitable for cryptocurrencies.
Since its announcement, the Libra project has raised serious concerns (see EUROPE B12278A21). So much so that, on 12 July, the Maltese...