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Shadow Banking Can be Created by Facebook’s Libra

by Ian Karamanov | Oct 2, 2019 | Crypto News, Handpicked | 0 comments | 4664 Views

According to the bankers at the Federal Advisory Council (FAC), Facebook’s Libra will potentially create a shadow banking system. The Federal Reserve wanted to know the opinions of several of the largest United States banks about Facebook’s upcoming project. As...