European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency

The Next Web
By David CanellisSep 2, 2019, 8:36 am1.5k ptsInterestingTop
A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call.” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the…

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