EU looking to see if Facebook's Libra currency poses competition risks

EU looking to see if Facebook's Libra currency poses competition risks

5 years ago
Anonymous $4ckUSNo_FL

https://www.reuters.com/article/us-eu-facebook-antitrust/eu-looking-to-see-if-facebooks-libra-currency-poses-competition-risks-idUSKCN1VP2LU

EU regulators are examining Facebook's proposed Libra cryptocurrency to see if it harms competition, Europe's antitrust regulator said on Wednesday, the latest watchdog to voice concerns about the social network's move into financial services.