Bitcoin’s surge & Facebook’s Libra launch has put the Financial Regulators on High Alert

3 min read

Financial Regulators have not been really forthcoming ever since the announcement by the social media giant to launch its own digital currency dubbed Libra. While most of the people in the Cryptoverse have pointed towards Libra launch as generally a positive development pointing towards a growing mainstream adoption, extreme skepticism by the big banks has raised concerns whether Libra will be able to launch on time or at all. Financial authorities don’t want the tech giants like FB to fill the current regulatory void with digital financial services. Bitcoin Revival The resurgence of the Crypto kingpin & the subsequent announcement…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.