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Morgan Stanley analyst James Faucette: early participants in Libra may have greatest risk they face -- tougher regulation
Summary: (Bloomberg) --That's according to Morgan Stanley analyst James Faucette, who wrote that those companies (Visa Inc., Mastercard Inc., and Paypal Holdings Inc.,) face a potentially "heavy burden" as already-fierce regulatory scrutiny is likely to keep growing. Facebook said in report: Libra project hope to achieve large-scale use. To make the cryptecurrency become free circulation money, ...
(Bloomberg) --That's according to Morgan Stanley analyst James Faucette, who wrote that those companies (Visa Inc., Mastercard Inc., and Paypal Holdings Inc.,) face a potentially "heavy burden" as already-fierce regulatory scrutiny is likely to keep growing. Facebook said in report: Libra project hope to achieve large-scale use. To make the cryptecurrency become free circulation money, which means that it would be beyond the control of government and central Banks. This is not easy.
Tags: Libra,Morgan Stanley
Link: Morgan Stanley analyst James Faucette: early participants in Libra may have greatest risk they face -- tougher regulation [Copy]
