What did the German Finance Minister say about the currency "Libra"

What did the German Finance Minister say about the currency "Libra"

German Finance Minister Olaf Scholz expressed Monday. About his lack of confidence in the "Facebook" digital currency.

What did the German Finance Minister say about the currency "Libra"


This came in a statement issued after a hypothetical meeting with the finance ministers of the Group of Seven advanced economies. Who discussed the issue of cryptocurrencies, according to "Reuters".


And Schulz considered in his statement that: Re-launch the currency "Libra". Under a new name, "Dim", it will be nothing more than a cosmetic change.


Schultz described the changing of the coin's name as a werewolf in sheep's clothing. Stressing that this will not change his being a wolf.


He said: “Germany and Europe cannot accept the entry of this currency to the market. This is after the regulatory risks have been adequately addressed. ”


And he stressed the need for governments to do what they can to keep the currency monopolized by countries.




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