The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

For American technology companies, the European Commission, which is responsible for antitrust affairs under the European Union, is a "frightening" agency. The European Commission has investigated a large number of technology companies such as Google and Microsoft and issued "astronomical figures". fine bill". According to the latest news from foreign media, the European Commission has intervened in the Libra currency Facebook is preparing to issue and has raised a series of extensive questions to Facebook.

According to foreign media reports, so far, European countries such as France and Germany, as well as institutions such as the European Central Bank, are still at the stage of "expressing doubts" about Facebook's Libra currency plan and have not yet launched detailed investigations.

According to an authoritative British media report, the European Commission has asked Facebook to answer a series of questions about Libra, including the risks to financial stability and people’s data privacy, as well as the company’s future compliance with anti-terrorist financing regulations and preventing money laundering by criminal organizations. ability.

The European Commission also wants to know how Libra will operate its reserve fund.

The challenge is part of a larger EU effort to decide whether and how Libra should be regulated, if it is allowed to operate within the bloc.

There are still big obstacles for Libra to operate in Europe. Previously, the European Central Bank's Benue Coe warned that the approval standards for Libra "will be very high."

In addition, recently government officials from France and Germany, two major EU countries, have stated that Libra will threaten the country's monetary sovereignty and should be banned from operating in Europe. In addition, these countries have also proposed the establishment of an EU-wide digital currency to block digital currencies issued by technology companies including Libra in advance.

Still, some opposition doesn’t mean Libra will be rejected. Some European politicians believe digital currencies could be useful for cross-border payments. However, regulators have been hoping for a truly EU-wide agreement, such as clearing digital currencies in one EU country, which would effectively allow a certain digital currency to operate across Europe.

It should be pointed out that Libra is issued and supervised by the Libra Association, but there is no institution similar to a "central bank" for daily management. This digital currency is also a cryptocurrency similar to Bitcoin, and a large amount of transaction information is stored in In a global blockchain network.

Foreign media pointed out that the European Commission’s large-scale investigation of Libra currency came at the wrong time. Recently, Libra just lost support from PayPal. While Facebook is not expected to get into more trouble with its partners (they are expected to sign a Libra membership statement soon), PayPal's departure combined with EU doubts is bound to raise doubts about the viability of the digital currency.

According to foreign media reports, in September, the European Commission stated that it would launch an antitrust investigation into Libra, but the agency was only focused on a small-scale antitrust target at the time. The European Commission said it would investigate whether Libra would cause unfair competition in the market.

In order to avoid outside doubts, Facebook has repeatedly emphasized that Libra is not a product of Facebook alone, but belongs to the entire Libra Association. All companies can launch digital wallets and provide Libra-related services.

However, as we all know, Facebook has more than 2 billion users through four social tools, and will obviously become the largest beneficiary of Libra. The Libra digital wallet developed by Facebook has been exposed by the media and can support users to make personal transfers or pay for e-commerce consumption. Facebook also hopes to obtain another important income through Libra currency and Internet financial services to get rid of its dependence on online advertising.