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Global Policy Makers Are Up in Arms About Facebook’s Libra Coin

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By CCN Markets: Facebook is already under fire from regulators less than a day after officially revealing its cryptocurrency whitepaper. Based on three separate talks, it’s clear top government and bank officials from around the world are preparing to regulate Facebook Libra. Cryptocurrencies like bitcoin transcend national borders, and project Libra is looking to cash in on this edge that no other central bank can lay claim to. Regulators are on high alert as Facebook ambitiously aims to be the first global central bank. Bank of England Governor Demands High Standards In Portugal at the ECB’s annual symposium, Bank of

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