Bank of England Governor on Libra as a Solution to Financial Problems

12 Jul 2019

Bank of England Governor on Libra as a Solution to Financial Problems

Bank of England governor Mark Carney said that people need to acknowledge the issues Facebook (NASDAQ:FB) is attempting to solve with Libra, regardless of the project’s potential downsides. Carney delivered his remarks at the Financial Stability Report press conference as seen on the Bank of England’s YouTube channel on July 11.

Carney said:

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