Amidst the European Union (EU) regulatory campaign against major foreign tech giants, an official statement explains that EU regulations on Libra are not really possible due to a lack of information on the project. The EU regulatory framework is targetting Facebook, Google, Twitter, among various other United States as well as China-based tech giants in a bid to promote European technology firms and associations. Recently, the chief executive officer (CEO) of Facebook Mark Zuckerberg also met the EU regulatory committee in Brussells to discuss various possibilities but was unable to gain much success. EU regulations on Libra: Questions raised Facebook’s
