3 ms·
I wonder if this was government pressure. I think it was only going to be 50% denominated in US dollar. Making it easy to effectively (partially) transact in ot
by mark_l_watson 7y ago
I wonder if this was government pressure. I think it was only going to be 50% denominated in US dollar. Making it easy to effectively (partially) transact in other currencies must not have gone over well.
EDIT: I assumed that Libra would be for many, many small transactions so banking know your customer KYC regulations imposed on banks in all countries by the US and other governments would not really apply. Also, does something like Apple Pay also fit the need for people paying people in other countries small amounts of money?