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Thursday, October 28, 2021
libra-will-upset-world-economy-if-it-isn’t-regulated-tightly,-g7-warns

Libra Will Upset World Economy If It Isn’t Regulated Tightly, G7 Warns

Authored by Thomas Simms via CoinTelegraph.com, Cryptocurrencies such as Libra risk upsetting the world’s financial system if they are not regulated tightly, G7 finance ministers have warned. image courtesy of CoinTelegraph According to Reuters, French finance minister Bruno Le Maire told a news conference on July 18 that the G7 “cannot accept private companies issuing their…
libra-as-a-competitor-to-inflationary-central-banks

Libra As A Competitor To Inflationary Central Banks

Authored by Pietro Bullian and Fabrizio Ferrari via The Mises Institute, As an international private currency, Libra will be in competition with publicly issued currencies. It could have large and fruitful repercussions on the global monetary policy, especially with reference to those countries where central banks are still heavily subject to political influence and tend…
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