French Finance Minister throws shade at crypto, praises blockchain
Cointelegraph
Published Oct 19, 2020 03:10PM ET
Updated Oct 19, 2020 05:00PM ET
French Finance Minister Bruno Le Maire, who once said Facebook’s Libra token would risk the "monetary sovereignty of states,” is continuing his criticism of cryptocurrencies.
In an Oct. 19 tweet, Le Maire claimed some cryptocurrencies are associated with purchasing drugs and weapons in addition to being used for money laundering. However, he also wrote that he does not “question the reliability and traceability of all blockchain technology.”
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Written By: Cointelegraph
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