Europe should ignore 'treacherous promises' of Facebook's Libra currency, says central banker

By
Follow google news

Could undermine the European Central Bank's ability to set monetary policy.

Europe should ignore 'treacherous promises' of Facebook's Libra currency, says central banker
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 has warned. Facebook announced Libra — a new digital coin backed by four ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

CBA finds its first chief AI officer

CBA finds its first chief AI officer

CBA's group CIO of three years to exit in December

CBA's group CIO of three years to exit in December

Westpac CEO orders mission to cut wasteful tech spend

Westpac CEO orders mission to cut wasteful tech spend

Amazon, Google named by EU among 'critical' tech providers for finance industry

Amazon, Google named by EU among 'critical' tech providers for finance industry

Log In

  |  Forgot your password?