Europe should ignore 'treacherous promises' of Facebook's Libra currency: ECB's Mersch

Europe should ignore 'treacherous promises' of Facebook's Libra currency: ECB's Mersch

5 years ago
Anonymous $4ckUSNo_FL

https://www.reuters.com/article/us-ecb-policy-libra/europe-should-ignore-treacherous-promises-of-facebooks-libra-currency-ecbs-mersch-idUSKCN1VN0H0

Facebook's proposed Libra currency could undermine the European Central Bank's ability to set monetary policy and Europe should ignore its siren call of "treacherous promises" ECB board member Yves Mersch said on Monday.