Others attacked Libra as an accumulation of corporate power. Economists cautioned that it might challenge the influence of countries over their own monetary policy, thus undermining democracy. And lawmakers and regulators around the world came together to say they would launch investigations or take action against the fledgling currency before it even started.
Read more
DoggBitCoin.ComThese are all speculations, Facebook management already stated that they are going to comply, and follow all the regulations that regulators will impose, there are so many hypes on what Facebook coin is going to do, and what power they are going to yield, all these regulators must do is to implement a very strict regulation so Facebook will not yield so much power and will not become a threat.