Global regulators to question Facebook’s Libra amid EU concerns: paper

Officials from 26 central banks, including the U.S. Federal Reserve and the Bank of England, will meet with representatives of Libra in Basel on Monday, the FT said, citing officials. Libra’s founders have also been invited to answer key questions about the currency’s scope and design, FT said. Facebook did not immediately respond to Reuters’ request for comment outside regular business hours.

source https://finance.yahoo.com/news/global-regulators-facebooks-libra-amid-052246648.html?.tsrc=rss

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