Facebook’s Libra could undercut ECB’s powers: Mersch
Widespread acceptance of
Facebook’s proposed Libra currency could even undermine
the European Central Bank’s ability to set monetary policy, a
potential risk for the currency bloc, ECB board member Yves
Mersch said on Monday.
Facebook’s proposed Libra currency could even undermine
the European Central Bank’s ability to set monetary policy, a
potential risk for the currency bloc, ECB board member Yves
Mersch said on Monday.
Posted by Reuters
