Germany Ramps Up Libra Opposition as Banks Develop Competing “Stablecoins” - Karma

In the latest round of setbacks for Facebook’s planned Libra cryptocurrency, Germany ramped up its rhetoric against the electronic money today and Wells Fargo announced a blockchain plan that may be a competitor. In Germany, Finance Minister Olaf Scholz Tuesday said Berlin would reject any emergence of what he called “a parallel currency.”  Scholz’s remarks, …

17 Sep 2019 ... In the latest round of setbacks for Facebook's planned Libra cryptocurrency, Germany ramped up its rhetoric against the electronic money today ...

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