https://www.mercurynews.com/2019/10/14/facebooks-libra-gets-more-resistance-from-finance-leaders/

Facebook is meeting even more resistance against its Libra cryptocurrency as financial officials with some of the world’s biggest governments are expected this week to say Libra can’t be allowed to go forward without stronger assurances that it won’t disrupt the international finance system.

A report from a taskforce made up of officials from the G7 group of nations is said to raise concerns about the safety, security and other issues surrounding the cryptocurrencies. According to the BBC, the taskforce, which includes top officials from several leading central banks, the International Monetary Fund, and the Financial Stability Board, will say in its report that new cryptocurrencies, like Libra, must have solid legal support, be unable to be used to pay for terrorist activities and money laundering, and not be able to become threats to the stability of national currencies.