https://wccftech.com/eu-mulls-crytocurrency-regulations-as-facebook-continues-its-libra-crucade/ > Today, the EU finance commissioner, Valdis Dombrovskis, vowed to introduce a legal framework for regulating virtual currencies. This development comes as Facebook’s (NASDAQ:FB) plans to launch its own cryptocurrency, known as Libra, have garnered widespread attention from the highest echelons of power throughout the globe. > In an address to EU lawmakers, Dombrovskis said, “Europe needs a common approach on crypto-assets such as Libra. I intend to propose new legislation on this.”