Facebook’s venture into crypto, explained. Could be the next thing to disrupt banking and payments and the crypto industry at large. If anybody can do, FB definitely has the user base.
Bank of Japan Governor Haruhiko Kuroda said that international cooperation was of key importance in regulating stable coins such as Libra, the stable coin planned by Facebook.
“If Libra is introduced, it could have a huge impact on society,” said Kuroda, stressing out that policymakers must ensure the highest level of regulation to such stable coins.
Japan would be an interesting pilot for Libra. There or Korea. Digital payments have been widely adopted for some time, and cryptocurrencies are also very popular.
I was thinking about that too. The fact that Japanese institutions are against it too is very interesting.
The beginner's guide to FX trading