Regulatory Pressure Could Prevent Facebook’s Libra from Launching

in #libra5 years ago

Facebook-warns-investors-that-Libra-digital-currency-may-never-see-the-light-of-day.jpg

 


The intense scrutiny from regulatory agencies, governments, and central banks globally regarding Facebook’s Libra, could just be the end of the company’s stablecoin project. According to a report byCNBC, Facebook revealed in a recent filing with the U.S. Securities and Exchange Commission (SEC) that plans to launch Libra in 2020 could be delayed or might not happen at all.


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