Unruly social media no model for Facebook’s Libra currency – BoE’s Carney
Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney said on Thursday.
The U.S. social media company drew worldwide interest earlier this week when it announced plans to establish its own payment system, backed up by a currency it calls Libra.
“The Bank of England approac
The U.S. social media company drew worldwide interest earlier this week when it announced plans to establish its own payment system, backed up by a currency it calls Libra.
“The Bank of England approac
Posted by Reuters
