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France calls for EU rules on virtual currencies

Fri, 13th Sep 2019 07:23

HELSINKI, Sept 13 (Reuters) - France's Finance MinisterBruno Le Maire said on Friday the European Union shouldintroduce a common set of rules to govern virtual currencies,which are at the moment mostly regulated at national level.

Arriving at a meeting of EU finance ministers in Helsinki,Le Maire said "a common framework" on digital currencies wasneeded for the 28 EU countries and repeated his opposition tothe development of Facebook's Libra cryptocurrency in the EU.

He also urged the creation of a European "public digitalcurrency", without giving more details.(Reporting by Francesco Guarascio @fraguarascio; Editing by KimCOghill)

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