Central bank questioned Libra cryptocurrency

Central bank questioned Libra cryptocurrency

Facebook’ Libra cryptocurrency is about to go through further scrutiny. Also, Facebook may have to riposte some tough questions. In an interview, the officials with the Financial Times said that the representatives of Libra would meet with 26 central banks’ officials. These central banks including the US Federal Reserve and the Bank of England will be meeting in Basel, Switzerland on September 16. Mr. Benoît Coeuré, a French economist and executive board member of the European Central Bank is expected to lead the gathering. In the meeting, Facebook will be…

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