There are currently 28 such firms signed up, including Spotify, Uber and Vodafone.
David Marcus, who started exploring the blockchain-powered currency at Facebook a year ago, said the banks had given Libra"general cautious support". The Bank of England told Sky News it had no comment to make on Facebook's plans while other regulators were yet to reveal an official view on the potential for global financial stability implications.Facebook CEO Mark Zuckerberg is under huge pressure to protect users' financial and other data
It also moved to ease concerns about data collection by saying account information would not be shared with Facebook except for"limited cases" where the data may be shared"to keep people safe, comply with the law, and provide basic functionality to the people who use Calibra".
With wings?
$BTC Bitcoin will always be king 👑
No thanks.
An immoral and unregulated publisher of fake news, terror and porn launches an unregulated ponzie scheme of a pseudo-currency. What could go wrong?