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META Meta Platforms Inc

452.48
10.80 (2.45%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Meta Platforms Inc NASDAQ:META NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.80 2.45% 452.48 451.50 453.20 454.17 444.00 445.70 16,488,463 05:00:02

Libra Digital Currency to Be Blocked by France, Germany -Reuters

13/09/2019 6:09pm

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--The French Finance Ministry on Friday announced both France and Germany have decided to block Libra, a digital currency, Reuters reported.

--On Thursday, French Finance Minister Bruno LeMaire said the digital currency, which is being backed by Facebook Inc. (FB), would lead to "an eventual privatization of money."

--On Friday, a joint statement from the governments of France and Germany said "no private entity can claim monetary power, which is inherent to the sovereignty of nations," according to the report.

--The digital currency will be overseen by a non-profit, Switzerland's Libra Association.

 

Full story: https://www.reuters.com/article/us-facebook-cryptocurrency-france-german/france-and-germany-agree-to-block-facebooks-libra-idUSKCN1VY1XU?il=0

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 13, 2019 12:54 ET (16:54 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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