Bundesbank President Lags Libra Adoption Through Regulations

According to the report, president German’s Central Bank, Jens Weidmann has shared that the bank needs to lags the development of Facebook’s Libra with further regulations. Apart from that, Weidmann also emphasized that the bank should be focusing on improving the payment network while noting that the European Union should have taken a precaution step concerning the launch of digital Euro.

 

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