needs a banking license to operate its digital currency should be decided by regulators and not lawmakers, according to Philip Hammond, Britain's outgoing finance minister.
The social network's digital token is being launched as a solution for the number of people in the world currently operating without access to banking services. It is also viewed as a potential money maker for Facebook who would likely compete with the multi-billion-dollar remittance market. "That is an issue for the regulators. We have an independent regulatory system as you do and that is essentially an issue for the regulators to determine, not for politicians to determine," said Hammond.
The Fed is a Scorpio.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: