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2019-07-22 09:33:01

German central bank President in favor of Facebook Libra at G7

The President of Bundesbank, Jens Weidmann encouraged others to enable Libra to perform before judging it while speaking about Facebook Libra at the G7. Bundesbank is the central bank of Germany while Libra is Facebook’s digital currency that is expected to be launched sometime next year. Since the project was announced, Libra has met high criticism. The project received much more opposition in the United States as the man behind Libra David Marcus faced two inquisitions in the last week alone. He was under inquisitions before the Senate as well as the House while also receiving criticism from the US