Germany’s Finance Chief Joins Slew of Financial Leaders Scoffing at Libra

Germany joined the chorus of countries offering stiff resistance to Libra, Facebook’s new digital coin. German Finance Minister, Olaf Scholz, expressed concerns about the coin’s consumer privacy issues and potential for disruption. Reuter’s released a report which quoted him saying,  “The issuance of a currency does not belong in the hands of a private company […]

The post Germany’s Finance Chief Joins Slew of Financial Leaders Scoffing at Libra appeared first on CCN Markets

Source: https://www.ccn.com/news/germanys-finance-chief-joins-slew-of-financial-leaders-scoffing-at-libra/2019/07/16/

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