Bank of England Governor: Libra must be absolutely reliable from start to finish

Bank of England Governor Mark Carney said that Facebook's cryptocurrency Libra must be absolutely reliable from the first day, otherwise it should not start. This is not something that can be learned while working. If it succeeds, it will become systematic because it involves a large number of users. Carney said Libra raised a "very broad question," and the central bank of the G7, including the Bank of England, is seeking to understand Facebook's proposal and consider its risks and opportunities.