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

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

6 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-britain-boe-carney/unruly-social-media-no-model-for-facebooks-libra-currency-boes-carney-idUSKCN1TL23B

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.