Crypto-Follow logo Crypto-Follow logo
TheBlock 2019-12-27 18:55:04

Swiss president: The current form of Facebook’s Libra has ‘failed’

Facebook’s Libra stablecoin has failed in its current form, according to Swiss president Ueli Maurer. In an interview with Swiss broadcaster SRF, Maurer stated that Libra does not have a chance of being successful “because the basket of currencies that is deposited in this currency is not accepted by the national banks.” “The project in […]The post Swiss president: The current form of Facebook’s Libra has ‘failed’ appeared first on The Block.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer