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Australia’s Central Bank Exercising Caution with Regards to Facebook’s Libra

The regulatory scrutiny for Facebook Libra seems to be never-ending. This time, the Payment System Board of the Reserve Bank of Australia reports that it will continue to work with regional regulators in order to ensure that adequate regulatory measures are put in place before the launch of any payment systems which include the recently

The regulatory scrutiny for Facebook Libra seems to be never-ending. This time, the Payment System Board of the Reserve Bank of Australia reports that it will continue to work with regional regulators in order to ensure that adequate regulatory measures are put in place before the launch of any payment systems which include the recently