Libra Faces Further Delays
Geneva — Facebooks Libra cryptocurrency faces another round of delays. Even though it has been only 3 months since Facebook announced its own brand of cryptocurrency, France and Germany have already stated they will not honor or support it. Bertrand Perez of the Libra Association located in Switzerland stated recently that “What is important is that we need to comply with the regulators and we need to make sure that they are on board with us and fully comfortable with our solutions.”
Mark Zuckerberg has stated before that the Libra will not launch until all governments and municipalities have signed off on it. As it stands, Libra may not launch in its current incarnation.