The Libra Association, which plans to launch Libra, a digital currency developed by Facebook next year, has been reported to be in talks with EU regulators even after Germany and France categorically spoke out in favor of a ban on the cryptocurrency. This was stated in a recent interview by the director of the Libra Association, Bertrand Perez.
Recall that in June, Facebook and other members of the Libra Association, including Vodafone, Visa, Mastercard and PayPal, announced plans to launch a new digital currency backed by a reserve of real assets. Since then, the digital currency has attracted the attention of the authorities of different countries, and the relevant authorities in France and Germany have already promised to ban Libra in the European Union.
Previously, Mr. Perez, who before joining the Libra Association held one of the senior positions at PayPal, said that the association has focused its efforts on meeting the requirements of regulatory authorities in different countries. He also noted that it depends on how productive this work will be, whether Libra will be launched in accordance with the planned schedule. The head of the Libra Association confirmed that delaying the launch of the digital currency by one or two quarters is not critical. According to Mr. Perez, the most important point is to comply with the requirements imposed by the regulators. He also added that the association needs to intensify its activities in order to achieve the desired result.
Source: 3dnews.ru