Facebook’s Libra is ‘Just Too Dangerous’, Says ECB Policymaker

Coinspeaker Facebook’s Libra is ‘Just Too Dangerous’, Says ECB Policymaker

Benoit Coeure, the executive board member of the ECB, just commented on Facebook’s Libra saying that financial regulators must act faster regards this issue and, in general, that Libra shouldn’t be allowed and that “it’s too dangerous”. He believes that financial regulators need to act fact upon these tech giants’ financial projects as they might potentially harm the monetary system.

Original source
https://www.coinspeaker.com/ecb-facebooks-libra/

Add comment

Please Sign in to be able to leave comments.