French Finance Minister throws shade at crypto, praises blockchain

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French Finance Minister throws shade at crypto, praises blockchain

French Finance Minister Bruno Le Maire, who as soon as stated Fb’s Libra token would danger the "financial sovereignty of states,” is constant his



French Finance Minister Bruno Le Maire, who as soon as stated Fb’s Libra token would danger the “financial sovereignty of states,” is constant his criticism of cryptocurrencies.

In an Oct. 19 tweet, Le Maire claimed some cryptocurrencies are related to buying medication and weapons along with getting used for cash laundering. Nevertheless, he additionally wrote that he doesn’t “query the reliability and traceability of all blockchain know-how.” 

Le Maire was responding to Cyril Paglino, a normal accomplice in crypto fund Starchain Capital, who stated blockchain transactions had “little interest in terrorists.” Paglino referenced the current FinCEN leak, which confirmed that many banks had been the truth is enabling cash laundering.

This story is growing and will probably be up to date.





cointelegraph.com