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Europe Daily Bulletin No. 12322

7 September 2019
Contents Publication in full By article 15 / 25
ECONOMY - FINANCE - BUSINESS / Finance
Bruno Le Maire wants to launch an international reflection on creation of a public cryptocurrency
Brussels, 06/09/2019 (Agence Europe)

To block Facebook's cryptocurrency Libra project, which has raised many criticisms (see EUROPE B12318A9), the French Finance Minister, Bruno Le Maire, has the solution: create a public cryptocurrency that would be managed by the central banks.

"I propose that we start thinking about a public digital currency issued by central banks that would guarantee the total security of transactions, their speed, simplicity and free of charge. We could make progress in this direction at the next annual...

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