Politicians need to move fast as Facebook & Co move into finance: BIS
Reuters Technology - Sun 23 Jun 19Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won't be squeezed out anytime soon, the Bank ...
Facebook's Libra cryptocurrency 'poses risks to global banking'
The Guardian - Sun 23 Jun 19Move could affect competition and data privacy, warns Bank for International SettlementsFacebook’s plan to operate its own digital currency poses risks to the international banking system ...