22 July 2019
Last month, with a great fanfare and many pious platitudes, Facebook announced its proposed global cryptocurrency, Libra. We, along with many others, expressed doubt that Libra would meet the regulatory standards which are mandatory in developed countries, particularly the anti money laundering and “know your client” rules. (See https://arminiuscapital.com.au/geld-zug-commentaries/ 28 June 2019)… [read more]