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2019-07-09 20:00:17

Royal Bank of Scotland is in talks with Facebook about Libra

The Royal Bank of Scotland (RBS) has recently held talks with representatives from Facebook about the implementation of the Libra project in the jurisdiction of the United Kingdom. Based on the fact that RBS is one of the UK’s largest banks, it was a massive deal for Facebook to have the talks go down smoothly. Although the bank does not rule out joining the Libra Association, it still is not making any commitments as it’s in the process of figuring out how to incorporate the project in its regulatory framework. The United Kingdom banks have been quite welcoming towards Facebook’s