20 July 2019

Cryptocurrency

'Regulating LIBRA: The Transformative Potential of Facebook’s Cryptocurrency and Possible Regulatory Responses' (University of New South Wales Law Research Series UNSWLRS 19-47) by Dirk A  Zetzsche, Ross Buckley and Douglas Arner comments
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