Libra from Facebook to stablish a new financial system
The social network considers adding operational changes with the inclusion of digital fiat currencies and stablecoins
After strong regulatory and political pressures seen in a large number of the countries of the world with respect to the stablecoin of Facebook, libra, the managers of the social network with greater percentage of users raises to generate operational changes in the support of the platform related to the cryptocurrency.
Although these were not the plans initially set for the launch of libra, it is planned to adopt a much more open approach with which it would support the legal currencies protected by the governments of the world, leaving its cryptocurrency in the background for the moment in which it is finally ready.
As published in some news portals, Facebook said that the launch of the Calibra wallet will be postponed until October of this year and its use will be especially contemplated in countries where permits are obtained to operate with government-backed currencies.
Regulatory challenges
The main concern of governments, legislators and regulators with the libra project is that stablecoin became a mechanism to perpetuate illicit financial acts due to the absence of the usual controlling mechanisms necessary for cryptocurrency operations.
Meanwhile, Calibra manager David Marcus, assured that each of the active purses for storing pounds would be linked to the identification data of a user, so they would handle KYC measures to ensure transparency of operations.
K.Villarroel
Source: diariobitcoin
