Spooked by Facebook's Libra, euro zone to step up work on public cryptocurrency

Spooked by Facebook's Libra, euro zone to step up work on public cryptocurrency

5 years ago
Anonymous $4ckUSNo_FL

https://www.reuters.com/article/us-facebook-cryptocurrency-france/spooked-by-facebooks-libra-euro-zone-to-step-up-work-on-public-cryptocurrency-idUSKCN1VY0H3

Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they hope would make redundant projects like Facebook's Libra, which is seen as a risk to financial stability, officials said on Friday.