Cryptocurrencies
Facebook’s Libra Rouses EU Antitrust Interest, Vestager Says
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Facebook Inc.’s Libra digital currency will be a focus for antitrust and financial regulators in the near future, EU Competition Commissioner Margrethe Vestager said, confirming an early-stage probe into how the new payment system will work.
“From both a competition and a financial stability perspective, Libra will have our interest,” Vestager told reporters in Copenhagen. She said the EU sent questionnaires out earlier this month to gather information on Libra.