Dirk A. Zetzsche, Ross P. Buckley, Douglas Arner
European Banking Institute Working Paper Series 2019/44,
University of New South Wales Law Research Series UNSWLRS 19-47
University of New South Wales Law Research Series UNSWLRS 19-47
SSRN, 11 July 2019
Abstract: Libra is the first private cryptocurrency with the potential to change the worldwide payment and monetary system landscape. Due to the scale and reach provided by its affiliation with Facebook, the question will be not whether, but how, to regulate it. This short paper introduces the Libra project and analyses the potential responses open to regulators worldwide. Click here to download the papper, which has already received attention by the BBC online news, see Chris Baraniuk, "Libra: Could Facebook’s new currency be stopped in its tracks?" 13 August 2019.
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