BONN, Germany (Reuters) – Antitrust regulators may take an interest in cryptocurrencies being launched by big internet companies, the head of Germany’s Federal Cartel Office said.
“Cryptocurrencies launched by internet giants could become a topic for the cartel authorities,” the antitrust watchdog’s president, Andreas Mundt, told reporters on Thursday.
Facebook announced plans on June 18 to launch a global cryptocurrency called Libra, prompting concerns about privacy protection and possible political implications.
(Reporting by Matthias Inverardi; Writing by Douglas Busvine; Editing by Tassilo Hummel)
