European Union’s antitrust chief takes aim at Facebook’s Libra, claiming that the project is creating a “separate economy.” Facebook’s Libra the global punching bag Since the announcement of Facebook’s Libra, the project does not has many supporters. The project seemed to be a threat to global finance, and many nations, including Germany, France, and Japan, are against it. Regulators believe that the project is a threat to the global financial industry. Facebook’s fault? Many believe that a company such as Facebook should not have access to any more user data. The company’s past does not give it much credibility seeing
