IMF says regulators must address possible risks from Facebook's Libra

IMF says regulators must address possible risks from Facebook's Libra

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-imf-facebook-libra/imf-says-regulators-must-address-possible-risks-from-facebooks-libra-idUSKCN1UC1VI

Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday.

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