Facebook’s Libra currency investigated by EU antitrust regulators

Facebook’s new digital currency, Libra, is under early scrutiny from the EU’s antitrust regulators, according to two people familiar with the matter. The European Commission has sent out questionnaires to groups involved with the Libra project as part of a preliminary information-gathering operation, amid concerns the currency could unfairly disadvantage rivals, the people confirmed. Facebook and the commission both declined to comment on the investigation.

source https://finance.yahoo.com/m/8658e3a7-71b4-35d2-8ab5-a9923e8e8d80/facebook%E2%80%99s-libra-currency.html?.tsrc=rss

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