Former Japan central banker warns Facebook's Libra may undermine monetary policy

Former Japan central banker warns Facebook's Libra may undermine monetary policy

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-japan-facebook-libra/former-japan-central-banker-warns-facebooks-libra-may-undermine-monetary-policy-idUSKCN1US0SK

Central banks may see the impact of their monetary policies diminish significantly if Facebook's Libra cryptocurrency becomes widely used in their countries, a former Bank of Japan executive warned on Friday.

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