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Facebook's Libra could meet prying regulatory eyes from the U.S. and beyond, experts say
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Quick Take
- After Facebook unveiled its coin, U.S. governing bodies and some international financial leaders voiced concern
- The Block talked with regulation and compliance experts about what those concerns might be and where Facebook can expect challenges
Facebook’s Libra has a long path to its purported 2020 launch, and it’s one that could be made more circuitous by inquiries from regulators, potential lawsuits and public mistrust. What’s in a name? Facebook’s tarnished reputation when it comes to privacy has been Libra’s main impediment out of the gate. Despite the social media giant […]
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