ECB Board Member is “Extremely” Concerned about Facebook’s Libra’s High Centralization, Shills Fiat Money

2019-9-3 01:10

Facebook’s proposed cryptocurrency called Libra — scheduled for release in the first half of 2020 — according to European Central Bank’s board member Yves Mersch undermines ECB’s ability to set monetary policy.

Mersch said Europe should ignore “treacherous promises” of the same people that had to explain themselves in front of the legislators on the […].

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ecb facebook mersch libra member board undermines

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ECB Executive Says Libra Crypto Is a Wakeup Call to Regulators

An Executive Board Member of the European Central Bank (ECB), the financial institution responsible for administering monetary policies within the Eurozone, has opined that financial watchdogs across the globe must now fast track the process of regulating bitcoin (BTC) and other blockchain-based digital assets, as more and more institutions like Facebook join the bandwagon, reportsRead MoreRead More.

2019-7-8 13:35


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