<p class="MsoNormal">German Finance Minister Olaf Scholz said that Germany and Europe won’t allow the Facebook-backed cryptocurrency Libra to enter the euro zone market till the regulatory concerns are addressed adequately. “A wolf in sheep’s clothing is still a wolf,” said Scholz after the meeting, expressing his concerns over the launch of Facebook’s Libra cryptocurrency — newly renamed <a href="https://www.forbesmiddleeast.com/money/cryptography-and-blockchain/facebook-led-digital-currency-libra-rebranded-as-diem" target="">Diem </a>— in Germany and Europe. </p>
