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It was totally predictable. Facebook's "Balance" project has done nothing but unravel the epidermis of monetary authorities around the world (with the exception of the Governor of the Bank of England, Mark Carney). From the social network of Mark Zuckerberg presented his cryptocurrency, the negative comments of the central bankers continue to appear. This forced the Fed to take a step forward and warn "Zuck" that his initiative "He can not move forward." The experts had already warned that the initiative had too many gray areas and that its technical brochure, published in June, left many questions unanswered. But now, with the community of central bankers against, some voices say that Libra has its days counted. In addition to that, yesterday joined the French Minister of Finance, Bruno Le Maire, in the negative opinion of the Fed, President Trump and the Senate and the US Treasury. The French minister said that for the moment he does not like "Balance" In an interview with CNBC, in the framework of the meeting of G7 ministers in Paris, he stated that "Pound" it must not become a sovereign currency. In the opinion of the mayor, "Pound" can not be accepted without a set "Solid rules" and it is a matter of sovereignty, even if all sovereign states have their currency (dollar, euro, etc.) "Very strong commitments and rules". He also acknowledged his concern about money laundering and the financing of terrorism. The Mayor asked the President of the Executive Board of the European Central Bank, Benoit Coeure, which establishes a work commission to investigate digital currencies as "book". Not even 24 hours have pbaded since David Marcus, chairman of Facebook's cryptocurrency subsidiary Calibra, will explain to the US Senate its decision not to launch "Pound", until we have resolved the regulatory doubts that exist about it. The head of the Fed, Jerome Powell, had pointed out before the US Congress that "The" Libra "raises many serious concerns about privacy, money laundering, consumer protection and financial stability."
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