The European Commission has listened to concerns expressed by the German, French, Italian, Spanish and Dutch finance ministers about asset-backed crypto-assets, such as Facebook's Libra cryptocurrency. On Saturday 12 September in Berlin, where the informal Ecofin Council meeting was taking place, Valdis Dombrovskis, the Commission’s Executive Vice-President, gave an assurance that this matter will be dealt with in the legislative proposal that the Commission plans to present around 22-25...