Bitcoin’s surge & Facebook’s Libra launch has put the Financial Regulators on High Alert

Financial Regulators have not been really forthcoming ever since the announcement by the social media giant to launch its own digital currency dubbed Libra. While most of the people in the Cryptoverse have pointed towards Libra launch as generally a positive development pointing towards a growing mainstream adoption, extreme skepticism by the big banks has raised concerns whether Libra will be able to launch on time or at all. Financial authorities don’t want the tech giants like FB to fill the current regulatory void with digital financial services. Bitcoin Revival The resurgence of the Crypto kingpin & the subsequent announcement…...