Facebook’s Libra hasn’t launched, but big banks are already taking notice

Facebook’s Libra hasn’t launched, but big banks are already taking notice

Facebook has only just revealed its far-reaching cryptocurrency plans, but Libra is already prompting global financial institutions to take action. Central banks are reportedly becoming more interested in the idea of creating their own digital currencies following Facebook’s Libra reveal, as evidenced by new comments from the head of the Bank for International Settlements (BIS), As the bank used by central bankers.