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

By Staff Writer

Sep 3 2019 6:30AM

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 ...

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