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Opinion: Facebook’s Libra Needs Central Bank Supervision

2019年07月09日 19:57 来源于 财新网
Digital currency needs regulation, international cooperation, PBOC official says
Photo: VCG

Social networking giant Facebook published a white paper in June laying out its plans for a new blockchain-based digital currency called Libra, which drew the attention of regulatory authorities around the world. Libra is being presented as a stable currency tied to a basket of real assets with low volatility. But it raises important questions: What kind of influence it might have on monetary policy, macroprudential management, and the technological roadmap of digital currencies?

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