Are We At A Crypto Stablecoin Regulatory Crossroads?

Are We At A Crypto Stablecoin Regulatory Crossroads?

Facebook Inc.’s proposed digital currency, Libra, continues to face uphill challenges from its critics. The future of Libra is questionable since PayPal Holdings Inc. left the group’s network of partners last week. Central banks and regulatory authorities throughout Europe and the United States doubt that a privately held company can replace actual fiat money.