Facebook’s Social Media Platforms May Give Libra Unfair Advantage, Says ECB’s Lagarde
The new president of the European Central Bank (ECB), Christine Lagarde, has expressed concern that Facebook may use its digital platform to promote Libra and lock-out rival stablecoin operators.In a letter responding to EU lawmakers yesterday, Lagarde said stablecoins addressed many of the problems associated with the existing cross-border payments
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