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Bitcoinist
2019-09-17 11:30:00

Facebook Insists Libra Poses No Threat to Central Banks

Let’s be honest. For central banks that relish their power to unleash quantitative easing and print money at will, Facebook’s Libra is a wolf in sheep’s clothing. Facebook Does Not Threaten Central Banks Libra does not threaten central banks’ control over currency creation. That was the narrative from Facebook during the meeting between the Libra Association and regulators in Switzerland yesterday. However, most regulators and central banks around the world beg to differ. The push-backRead MoreThe post Facebook Insists Libra Poses No Threat to Central Banks appeared first on Bitcoinist.com.