Facebook will be questioned by regulators about Libra again

Facebook will be questioned by regulators about Libra again

Today on 16 September, Global governors are going to investigate Facebook about its Libra currency again. As it was reported, the hearings are amid worries from EU states over the dangers this digital coin can carry to economic resistance all over the world.

Regulators from Bank of England, the US Federal Reserve and other 24 central banks will gather for the hearings. They're going to meet Libra deputies in Basel.

Also, the creators of Libra were requested to reply to essential inquiries about the currency’s design and expanse.

Many EU countries like Germany and France conclude that this coin can endanger the sovereignty of EU states. And they have publicly scrutinised the company for its intentions about starting the digital currency.