Bank of England sets out rules of engagement for Facebook’s Libra
The Bank of England set out the rules of engagement that Facebook’s Libra crypto-currency and other new digital payments providers would have to meet before they can open for business in Britain.
The BoE’s Financial Policy Committee also said Britain’s banks and the rest of its financial system were fully prepared for a worst-case Brexit although there could be disruption, particularly for borrowers in the European Union.
“The terms of engagement for innovations
The BoE’s Financial Policy Committee also said Britain’s banks and the rest of its financial system were fully prepared for a worst-case Brexit although there could be disruption, particularly for borrowers in the European Union.
“The terms of engagement for innovations
Posted by Reuters
