G7: Cryptocurrencies Such as Libra Pose a Risk to the Global Financial System

The Group of 7 (G7), representing the 7 largest developed economies in the world, is preparing a report slamming Facebook’s Libra. The proposed stablecoin that aspires to be a non-sovereign global currency has been hammered since it was revealed earlier this year. Government officials from… Read More
Read more in: Uncategorized, Blockchain & Digital Assets, Fintech, Global, Politics, Legal & Regulation | Tagged facebook, financial stability board, fsb, g7, libra, stablecoins