After the many warnings about Facebook's Libra stable cryptocurrency project (see EUROPE B12299A11), it is now the turn of the European Central Bank (ECB) to join the fray.
On Monday 2 September, Yves Mersch, Member of the Executive Board of the European Central Bank (ECB), at the European System of Central Banks’ Legal Conference in Frankfurt am Main, sounded the alarm and highlighted the role of central banks as guardians of public trust.
“Depending on Libra’s level of acceptance and...