Bank of Japan Governor Haruhiko Kuroda said that international cooperation was of key importance in regulating stable coins such as Libra, the stable coin planned by Facebook. “If Libra is introduced, it could have a huge impact on society,” said Kuroda, stressing out that policymakers must ensure the highest level of regulation to such stable coins.
As usual Japanese regulators are totally behind. Libra has already been written off by several European regulators and US regulators as well. Its not gonna be used by a majority of affluent people. On to the next...