SNB is in close contact with other authorities regarding Libra. Lack of comprehensive documentation making it hard to analyze Libra. Swiss National Bank’s Zurbruegg says that currently there is close contact “between various authorities on Libra cryptocurrency project.” SNB reckons that at the moment Facebook’s proposed cryptocurrency is a hard nut to crack. This follows the lack of comprehensive documentation. The vague documentation makes it difficult to analyze Libra as a project. As reported on Monday, United States lawmakers are still in doubt regarding Facebook and the intended crypto. In fact, an official visit to Switzerland to discuss the project with the regulators in the country did little to clear the skepticism. Facebook is facing the regulatory blowback because of its tainted history with violations of customer data. Moreover, the potential the project has raises eyebrows on the power Facebook could have on the global economy. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next AUD/JPY bounces-off 71.25 amid looming US-China trade uncertainty FX Street 4 years SNB is in close contact with other authorities regarding Libra. Lack of comprehensive documentation making it hard to analyze Libra. Swiss National Bank's Zurbruegg says that currently there is close contact "between various authorities on Libra cryptocurrency project." SNB reckons that at the moment Facebook's proposed cryptocurrency is a hard nut to crack. This follows the lack of comprehensive documentation. The vague documentation makes it difficult to analyze Libra as a project. As reported on Monday, United States lawmakers are still in doubt regarding Facebook and the intended crypto. In fact, an official visit to Switzerland to discuss the project… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
