Leaders Of International Central Banking Remain Unimpressed On Facebook's Libra - "They Need To Make a Better Case"...

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The Basel-based Bank for International Settlements is the bank of central banks.


General manager Agustín Carstens sits down to discuss central bank digital currencies and why there’s no “clear case” for an e-franc in Switzerland. 

Then, discussing Facebook's Libra, Carsten calls it a “provocative proposition” - but it still needs to build a better case to convince them.

[Video Courtesy Of CNN Money Switzerland]


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