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Swiss National Bank in close contact with authorities on Libra

Europe Materials 27 August 2019 13:38 (UTC +04:00)
Switzerland’s central bank is in close contact with relevant authorities over Facebook’s Geneva-based Libra cyptocurrency project, Swiss National Bank Vice-Chairman Fritz Zurbruegg said on Tuesday
Swiss National Bank in close contact with authorities on Libra

Switzerland’s central bank is in close contact with relevant authorities over Facebook’s Geneva-based Libra cyptocurrency project, Swiss National Bank Vice-Chairman Fritz Zurbruegg said on Tuesday, reports Trend referring to Reuters.

“At the moment, it’s difficult to perform a full analysis (of the project) because the available documents are very vague and details are still missing,” Zurbruegg said at an event in Zurich, adding how regulators handle the project — both nationally and internationally — remained a critical point.

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