German authorities following the government of France intend to hinder the launch of cryptocurrency project Libra.
The MP of the Christian Democratic Union of Germany Thomas Heilmann has claimed that according to the state blockchain strategy, which is going to be accepted this month by members of German government, private stablecoins will be prohibited in the country.
“Central banks still have coped well with their tasks to counter the crisis and inflation, what has wonderfully affected the country`s economy. But this task will significantly get complicated after dominance of digital currencies suppliers on the market”, – Heilmann said.
BitcoinDoubler2x reminds you that on Thursday French finance minister Bruno Le Mer also opposed development of Libra at European territory, because this may threaten the monetary sovereignty of the state.
Nevertheless, the German Ministry of Finance was more loyal concerning Bitcoin, accepting the first cryptocurrency as a payment means in Match of last year.