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Libra yet to give EU details of its plans, Dombrovskis says

By Jack Schickler ( October 8, 2019, 08:50 GMT | Insight) -- The Facebook-led Libra Association has yet to give EU officials details of its plans for a cryptocurrency and payment service, financial-services commissioner candidate Valdis Dombrovskis said today. The European Commission has said it wants to include Libra and its planned "stablecoin" in a forthcoming legal proposal originally intended to cover the investor protection and money-laundering implications of virtual assets such as Bitcoin.The Facebook-led Libra Association has yet to give EU officials details of its plans for a cryptocurrency and payment service, financial-services commissioner candidate Valdis Dombrovskis said today....

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