According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy. You Can’t be a Central Bank During the European Central Bank conference in Frankfurt, Yves Mersch, an
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Source and More information: Facebook’s Libra Slammed by European Central Bank Executive
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