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Unruly social media no model for Facebook's Libra currency: BoE's Carney

Reuters Thursday, 20 June 2019
Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney said on Thursday.
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News video: Facebook Will Officially Jump Into The Cryptocurrency Game With Libra

Facebook Will Officially Jump Into The Cryptocurrency Game With Libra 01:41

On Tuesday, the social media company formally unveiled plans for its digital currency project and a cryptocurrency called Libra.

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