Europe should consider its own “public digital currency” that could challenge Facebook’s Libra.
cryptocurrency·@melip·
0.000 HBDEurope should consider its own “public digital currency” that could challenge Facebook’s Libra.
## CRYPTO “EUROCOIN”?https://cdn.steemitimages.com/DQmQwGAjVdf9rc93TNVjhbDgDGfYxePVAwKt5cWiY5SiQxf/image.png At a meeting of EU finance ministers in Helsinki, Le Maire told reporters that he would be discussing the potential for a European public digital currency with his counterparts on the continent next month. He also reiterated his concerns that the proposed Libra stablecoin could pose risks for consumers, financial stability and even “the sovereignty of European states.” Le Maire urged the European bloc to push ahead with its work to cut the cost of cross-border payments. As Reuters notes, real-time payments in the eurozone have been available since 2017, but the scheme has only drawn participation from roughly half of the bloc’s banks. Moreover, the project is currently largely focused on domestic payments. [Read the full article here](https://cointelegraph.com/news/eu-needs-own-digital-eurocoin-to-compete-with-libra-says-france)
👍 aminul7, ezravandi, welcomes, hgalue, accelerator, voxmortis, laissez-faire, a000000a, sani1189, ayman123, shanu123, sudi-afrikaan786, sohel333, abcd0, jackers, banjo-0, rise-with-reason, street-girl, khusbu, ranjith35, hope-less, you-and-me, i-m-o, abroshan, akshaya, signin, fokir, rayhan123, imranpavel, mehedirasel, upvoteid, pollobi, saniul1189, a-01, tom-nd-gerry, desla, razanaz, a-0-0-0-0-0-a, rsa-vs-ban-team, continue-upvote, kumar65, kirankumar1, arshitha, bharani, mallishwari, barath15, adnanroshan, adnandahal, adnansheye, a-2-z, adnanshe, srinithi, abcd1, abakashkhan, imtiaz09, bipusarker, a-id, rayhan903, mahfuz111, nrose1234, pagla, upbd, ptkimran, jack-rose, busy01, pravesh11, pravathi, ashwine, omkardivya, b-01, input-user-name, recycle-bin, business-man, windows-7, adnanghoshal, mallika15, swapnaram, boomi, aakashkhan, abrocky, sentu1, a10000, nevlu1, an-account, faysal111, faysal9090, jennimorillo, franciscana23, steemeow, blazing, melip, aulia1993, edgargonzalez, rabiagilani,